Russia Sets November 22 Start for Exchange Crypto Trading, Subject to Approval
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Russia’s central bank has set November 22 as the earliest date for crypto trading under its new exchange rules, with each venue’s rulebook still requiring regulatory approval before launch. The framework marks a shift from Russia’s previously restrictive stance, opening exchange-based trading to a market that has relied heavily on over-the-counter and offshore venues. Each exchange must secure the central bank’s concurrence on its rulebook, meaning the actual start could slip past the November 22 target. The move matters because it brings ruble-denominated crypto trading under formal regulatory oversight and could draw domestic liquidity onto approved platforms. What to watch next is which exchanges submit rulebooks and win approval, and whether trading begins on schedule or is delayed by the review process.
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Russia, Bank of Russia