Russia’s two largest stock exchanges, the Moscow Exchange (MOEX) and the Saint Petersburg Exchange (SPB), have announced plans to launch cryptocurrency trading services once a domestic legal framework is formally established.
? JUST IN: ?? Russia’s two largest stock exchanges, Moscow and St. Petersburg, to launch crypto trading once rules are in place.
— Crypto India (@CryptooIndia) December 25, 2025
Major Exchanges Signal Entry Into Crypto Markets
Both MOEX and SPB stated that they are preparing to offer cryptocurrency trading by leveraging existing financial market infrastructure, aiming to provide investors with a secure and regulated trading environment.
If regulatory approval is granted, cryptocurrencies could be treated as mainstream investment products alongside stocks and bonds. This would allow Russian investors to trade digital assets legally through domestic exchanges for the first time.
The announcement has drawn growing attention from market participants, particularly as expectations rise around Bitcoin (BTC) potentially reaching new all-time highs. Investors are increasingly focused on major cryptocurrencies while closely comparing Russia’s regulatory progress with developments at overseas crypto exchanges.
Trading Limits for Retail Investors, Privacy Coins Excluded
Under the proposed regulatory framework, trading limits would vary depending on investor classification.
Retail investors are expected to face an annual trading cap of approximately USD 3,200, a measure designed to limit risk exposure and protect less experienced participants. In contrast, qualified or professional investors with sufficient assets and experience would not be subject to transaction limits.
However, privacy-focused cryptocurrencies that are difficult to trace, such as Monero (XMR), would be excluded from trading. Authorities view this restriction as necessary to prevent money laundering and illicit financial flows.
If implemented, the initiative would mark a significant step toward integrating cryptocurrencies into Russia’s regulated financial system, reshaping the country’s digital asset landscape while maintaining strict oversight.