ChainCatcher reports, according to Cryptopolitan, that the Moscow Exchange (MOEX) and the Saint Petersburg Exchange (SPB) in Russia have expressed support for the new cryptocurrency regulatory framework issued by the Central Bank of Russia (CBR) and have confirmed that they will launch cryptocurrency trading services after the relevant regulations take effect next year.
The new framework plans to allow both ordinary and qualified investors to participate, but ordinary investors will have an annual cryptocurrency investment cap of 300,000 rubles, while qualified investors will have no limit (except for privacy coins).
The report states that the Central Bank of Russia has gradually softened its stance on cryptocurrencies over the past year.
