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Moscow Exchange plans to launch cryptocurrency trading on December 1

Russia's Moscow Exchange is set to offer trading in Bitcoin, Ethereum, and USDT starting December 1 under new regulated trading rules.

Digital rendering of various cryptocurrency coins including Bitcoin and Ethereum arranged in a ring.
Image: @coinbureau

Russia's Moscow Exchange is planning to introduce cryptocurrency trading across all trading sessions beginning December 1 under new legislation, according to reports from Watcher.Guru and trader Scott Melker. The exchange intends to support trading for Bitcoin, Ethereum, and USDT.[1][2]

Trading is scheduled to run from 7:00 a.m. to midnight Moscow time, according to Russian newspaper Izvestia as cited by Coin Bureau. The rollout follows a law legalizing regulated crypto trading that formally took effect on September 1, despite the Russian central bank having pushed for a ban on digital assets in 2022.[3]

The framework establishes two tiers of access for market participants. Everyday retail investors will be required to pass a test and will be subject to a proposed cap of 300,000 rubles per year per broker. Qualified investors, by contrast, will be permitted to trade any cryptocurrency without trading limits.[3]

Key facts

  • Moscow Exchange plans to launch trading in Bitcoin, Ethereum, and USDT on December 1.
  • Crypto trading on the Moscow Exchange is slated to run from 7:00 a.m. to midnight Moscow time across all trading sessions, per Izvestia.
  • A Russian law legalizing regulated crypto trading took effect on September 1, replacing a crypto ban proposed by the central bank in 2022.
  • Everyday retail investors must pass an assessment and face a proposed trading cap of 300,000 rubles annually per broker.
  • Qualified investors will be allowed to trade any cryptocurrency without investment limits.

Sources 路 3 sources

  1. WG

    Watcher.Guru@WatcherGuruPost on X 路

    JUST IN: 馃嚪馃嚭 Russia's Moscow Exchange to offer cryptocurrency trading across all trading sessions under new legislation starting December 1st.

    Open source
  2. TW

    The Wolf Of All Streets@scottmelkerPost on X 路

    JUST IN: 馃嚪馃嚭 Moscow Exchange plans to launch $BTC, $ETH and $USDT trading on December 1 https://t.co/dxgdoRBKcc

    Open source
  3. CB

    Coin Bureau@coinbureauPost on X 路

    馃嚪馃嚭BREAKING: Russia, which proposed BANNING crypto in 2022, is opening Bitcoin to ALL investors from December 1. The Moscow Exchange plans to launch Bitcoin, Ethereum and USDT trading on December 1, from 7am to midnight Moscow time, per Izvestia. Russia's central bank pushed for that ban, but a law legalizing regulated crypto trading officially took effect on September 1 instead. Everyday investors must pass a test and face a proposed cap of 300,000 rubles a year per broker. Under the new rules, qualified investors can trade any coin, with no limit.

    Open source