Russia's financial markets are ushering in new developments. The Moscow Exchange and the Saint Petersburg Exchange, two major trading platforms, recently announced that once the relevant regulatory framework is officially implemented, they are prepared to launch cryptocurrency trading services. This decision reflects the Russian Central Bank's ongoing efforts to legitimize crypto assets.

Both exchanges stated that they have already established quite mature infrastructure. Whether it is the clearing system, settlement mechanisms, or trading technology, they are capable of supporting the demands of cryptocurrency trading. In other words, their preparations are essentially complete.

According to the schedule, all of this is expected to be realized around 2026. The Russian Central Bank is developing a new regulatory framework to enable crypto businesses to operate in a more regulated and transparent environment. Both exchanges expressed support for this framework, considering it the right direction.

This move is of significant importance. As one of the major global economies, Russia's adjustments to crypto policies are often referenced by other countries. If the two major exchanges truly launch crypto trading under the Russian Central Bank's framework, it could not only bring new opportunities to the Russian market but also potentially encourage more countries to reevaluate their own crypto policies.