According to CoinMeta, the Moscow Exchange plans to launch regulated cryptocurrency trading services on December 1st and is currently conducting trading pilots with professional participants. The Managing Director of the Securities Market, Boris Blokhin, stated that the relevant tests were initiated a week ago, and the existing licenses cover cryptocurrency trading services. Russian regulations regarding the cryptocurrency market came into effect on September 1st, allowing citizens to trade cryptocurrencies on domestic exchanges licensed by the Central Bank of Russia. For investors who do not qualify as qualified investors, their investment limits are restricted, and the trading range is limited to Bitcoin, Ethereum, and USDT. Sberbank expects that the volume of cryptocurrency trading in Russia in the first year will reach at least 4 trillion rubles.