Bank of Russia Proposes Crypto Trading Platform on the Moscow Stock Exchange (MOEX)
The Bank of Russia is taking significant steps towards embracing cryptocurrency trading, proposing a new platform on the Moscow Stock Exchange (MOEX). This move signals a potential shift in Russia's crypto strategy as the country explores digital asset opportunities, including the possibility of launching a national stablecoin.
The Bank of Russia has proposed a three-year experimental legal regime (ELR) for cryptocurrency trading. This framework aims to provide a controlled environment for testing and regulating crypto activities. Under this regime, select high-net-worth investors would be authorized to buy and sell digital assets.
Russia’s Ministry of Finance will allow traditional stock exchanges to offer cryptocurrency trading services to qualified investors. This development, confirmed by the country’s Central Bank and Finance Ministry, marks a key step in integrating crypto into the existing financial infrastructure. The Bank of Russia will maintain a supervisory role, ensuring compliance and stability within the market.
MOEX is likely to do a great job in launching a crypto trading division due to its full compliance with the rules of the Bank of Russia, the official said. This existing compliance infrastructure positions MOEX as a natural fit for hosting regulated crypto trading activities.
While Russia continues sending mixed signals on broader crypto adoption, these initiatives suggest a focused approach on regulated trading for experienced investors. This controlled approach aims to balance innovation with financial stability and consumer protection.
Recently, T-Bank, formerly Tinkoff Bank, introduced digital financial assets tied to Bitcoin through Atomyze, demonstrating a growing interest in digital assets within the Russian financial landscape. During Q1 2025, Russian crypto inflows rose by 51%, reaching over [insert specific amount if available, otherwise leave blank], indicating a rising demand for crypto assets in Russia.
This proposal for a crypto trading platform on the Moscow Stock Exchange represents a significant development in Russia's evolving crypto regulatory landscape. Keep checking back for updates.