Moscow Exchange Plans To Open Crypto Trading On December 1

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: Moscow Exchange plans to begin offering cryptocurrency trading from December 1 and says testing with professional market participants is already underway. Under Russia’s new framework, unqualified investors are expected to face limits on which assets they can buy and how much they can invest. Russia‘s largest securities exchange is preparing to move from crypto derivatives into direct cryptocurrency trading. Moscow Exchange plans to offer crypto transactions from December 1, according to senior managing director Boris Blokhin, who said the venue is already testing the service with professional market participants. The planned launch follows a broader Russian regulatory framework that gives existing exchanges, brokers and asset managers a formal role in digital asset markets. Moscow Exchange will use a partner digital depository for settlement, with market participants opening accounts through that infrastructure. Blokhin said the exchange does not expect to need an additional permit or license for the launch beyond the framework already in place. The service will not treat eve...