Moscow Exchange to Launch Bitcoin, Ether and USDT Trading on Dec. 1

The annual purchase limits for non-qualified investors reveal a deliberate gatekeeping approach, keeping retail exposure capped while allowing qualified participants broader access. This positions MOEX as a regulated venue within Russia's new legal framework, which matters for domestic capital flows and for how other exchanges in similar regulatory environments might structure their own offerings. The open question is whether these limits will meaningfully constrain liquidity on the new market or simply formalize a split between institutional and retail participation.