The Moscow Exchange (MOEX) is actively developing a framework for fully legal cryptocurrency trading in Russia. According to sources close to the exchange, discussions with brokers are focused on creating a dedicated crypto section with extended trading hours, special accounts, and unique storage and accounting rules. The goal is to integrate crypto into Russia’s familiar exchange infrastructure while maintaining strict state control.
Today, May 14, MOEX officially launches futures contracts on Solana (MOEXSOL), Ripple (MOEXXRP), and Tron (MOEXTRX) — a significant step toward building a regulated crypto market.
How Crypto Trading on MOEX May Look
According to participants in the discussions, the following model is being considered:
- A separate crypto trading section with its own listing rules, clearing, and risk management systems.
- Extended trading hours — potentially 24/7 or with minimal breaks to match the global nature of crypto markets.
- Special brokerage accounts instead of standard ones, allowing clear separation of crypto operations from traditional securities.
- Funding via digital depository — one proposed mechanism involves transferring crypto from the client’s cold wallet to an address in MOEX’s Russian digital depository.
This approach aims to offer investors a secure, regulated way to trade crypto through licensed brokers under the supervision of the Central Bank of Russia.
Today’s Launch: Futures on SOL, XRP, and TRX
Starting today, May 14, 2026, cash-settled futures on the following crypto indices are available on MOEX’s derivatives market:
- Solana (MOEXSOL)
- Ripple (MOEXXRP)
- Tron (MOEXTRX)
These instruments are available only to qualified investors, with settlements in Russian rubles. Physical delivery of cryptocurrencies is not provided. MOEX previously launched Bitcoin and Ethereum futures and is now significantly expanding its crypto derivatives lineup.
Since May 13, the exchange has also been publishing corresponding crypto indices, updated every 15 seconds.
Why This Matters
- For investors: A transparent, legally protected channel for working with cryptocurrencies in Russia.
- For the market: Part of the gray-market turnover may shift into the regulated segment.
- For the state: Full control over fund flows and taxation.
Full spot trading of cryptocurrencies (actual buying and selling of coins) is expected in early 2027, after the main crypto market regulation law comes into force.
Outlook and Challenges
Experts believe MOEX wants to compete with foreign platforms and bring trading fees back into the Russian economy. The success of the project will depend on user experience, liquidity, and competitive commission rates compared to international exchanges.
At Quickex, we are closely monitoring all developments on the Moscow Exchange. The introduction of regulated crypto instruments is an important step toward the institutionalization of the crypto market in Russia. It should make working with digital assets safer and more predictable for retail and institutional investors alike.
We will keep you updated on how to best prepare for and use these new opportunities.