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[Moscow Exchange Plans to Launch Regulated Cryptocurrency Trading on December 1] Odaily Planet Daily reports that Russia's largest securities exchange, the Moscow Exchange, is working with professional participants to pilot cryptocurrency trading, with plans to launch regulated cryptocurrency trading services on December 1. Boris Blokhin, Managing Director of the Exchange's Securities Market, stated that relevant testing began a week ago. Boris Blokhin noted that the Moscow Exchange's existing licenses already cover cryptocurrency trading services, eliminating the need to apply for additional permits or licenses. Russia's cryptocurrency market regulations came into effect on September 1, allowing citizens to trade cryptocurrencies on domestic exchanges licensed by the Russian Central Bank. Investors without qualified investor status will face investment limits, and trading will be restricted to Bitcoin, Ethereum, and USDT. Sberbank estimates that the scale of Russia's cryptocurrency trading in its first year will reach at least 4 trillion rubles, with only 20% conducted through exchanges, while approximately 80% will still occur through unregulated channels. (Bitcoin.com News)

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