According to the source, Russia’s largest stock exchange, the Moscow Exchange MOEX, has asked regulators to lift the ban on retail Bitcoin BTC trading. MOEX is Russia’s largest bourse by trading volume, according to Moscow Exchange Group disclosures. Retail access to digital currency is restricted for non-qualified investors and crypto is prohibited as a means of payment in Russia, according to the Bank of Russia and Federal Law No. 259-FZ. Traders are watching for any official response and potential effects on BTC-RUB market access and local spot liquidity, as regulatory news has historically coincided with changes in crypto trading volumes, according to research by the Bank for International Settlements.

According to Crypto Rover, the Moscow Exchange has suspended stock market trading, which could impact cryptocurrency trading volumes and market sentiment due to its potential influence on regional economic stability.