Russia’s major stock exchanges are ready for a paradigm shift. Crypto trade may soon happen in a familiar financial setting. Signs are being shown at the Moscow and St. Petersburg exchanges that they are ready. They just have to wait for proper guidelines. A timeline of 2026 has been set.
The Moscow and St. Petersburg exchanges support the concept of regulation put forward by the central bank. The two exchanges also regard regulation as essential for market stability. The management of the two exchanges has said that planning for operation has not stopped. The management also expects the cryptocurrencies to follow existing standards for exchanges.
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According to officials, this plan is based on successful market experience, with international exchange activities setting the model for trading in cryptocurrencies. They are confident that their expertise in dealing with complicated worldwide transactions is also appropriate for cryptocurrencies. This helps to ensure that trading in cryptocurrencies is an easy fit into Russia’s financial infrastructure.
The St. Petersburg Exchange also reflects this strategy. The project promotes a transparent and safe crypto environment. Cooperation with regulators is a strength of the project. Improvements to infrastructure are already in place. Trading infrastructure is ready for digital money when changes in laws come into action.
The Central Bank of Russia has eased up on crypto recently. There was resistance before moving towards a managed acceptance. There’s a call for regulation rather than banning it. The proposal has yet to pass both the government and the parliament. If that happens, then the new framework takes effect by July 2026.
It replaces an experimental system that was previously used on a temporary basis. Such a system enabled limited use of cryptocurrency for foreign trade purposes. However, access was limited. Only pre-selected investors were involved. Derivatives related to cryptocurrency were also regulated. Large exchanges were already facilitating such products.
The emerging concept regards digital money as currency assets. Bitcoins and stablecoins fall under these assets. There is expanded reach when it comes to accessing investors. The regulatory bodies insist on routing money through regulated agencies. There is still significant involvement by exchanges, brokers, and banks in facilitating transaction processing.
The exchanges and custodian services have stricter rules. There are specialized licenses; there are categories of investors. Regular citizens have buying limits. Authorized persons have liberty. Privacy coins have not been authorized. A balance between innovation and control of finance is what regulators of this industry are seeking.
Also Read: Bank of Russia Introduces Regulatory Framework for Crypto and DFA Markets


