Moscow Exchange to Launch Bitcoin, Ethereum and USDT Trading

Moscow Exchange, Russia's largest trading venue, is preparing to open crypto trading on December 1, with Bitcoin, Ethereum and the stablecoin USDT set to be the assets involved.

The launch marks one of the exchange's most significant steps into digital assets so far and signals that Russia's crypto market is entering a new phase. Until now, a major regulated exchange offering these tokens would have been a notable departure from the market's more fragmented structure.

Why it matters

Bitcoin and Ethereum are the two largest cryptocurrencies by market value, while USDT is a widely used stablecoin that serves as a trading and settlement instrument. Bringing all three to a flagship exchange could make access to them more structured for Russian market participants.

The material available so far does not detail the trading format, eligible investors, fees or the regulatory conditions attached to the launch. Those specifics will determine how broad the impact on the market turns out to be.

What comes next

With the December 1 date set, attention now turns to the exchange's rules and the infrastructure it will use to support the new instruments. Further details from the exchange are expected to clarify who can trade and under which terms.