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Russia to Launch Regulated Crypto Market by 2026

12/26/2025

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Story summary
  • Russia plans a regulated crypto market, with Moscow Exchange (MOEX) and St. Petersburg Exchange aiming to launch by mid-2026.
  • The Bank of Russia enables retail investors to buy limited liquid cryptocurrencies via licensed intermediaries, while professionals face fewer restrictions.
  • Sberbank is exploring crypto-backed loans using its existing digital asset platform.
  • The regime aims to keep the ruble dominant in payments and requires investor testing, with enforcement set for July 2027.