According to Bits Media, the Moscow Stock Exchange is discussing with securities firms to launch cryptocurrency spot trading or adopt a 24/7 trading model, and testing cryptocurrency recharge and withdrawal functions. Some securities firms have participated in the testing. According to the first reading bill passed by the Russian State Duma, cryptocurrencies need to meet the requirements of the central bank before they can be launched, including an average market value of over 5 trillion rubles over two years, a daily trading volume of over 1 trillion rubles, and at least five years of trading history. Currently, only cryptocurrencies with large market capitalization such as Bitcoin, Ethereum, and SOL meet the standards.
