Bullish

Moscow Exchange Plans Digital Custody Platform Launch by Late 2026

2026-08-06 20:18

MOEX prepares a separate digital custody entity for crypto assets, targeting a late 2026 debut. This move addresses regulatory gaps and intensifies competition with major Russian banks.

Woofun AI reports that the Moscow Exchange is developing a dedicated digital custody platform for cryptocurrency trading, with an anticipated launch window of late 2026 or early 2027. The new infrastructure will operate as an independent entity, distinct from the exchange and its national settlement arm, NSD.

This initiative emerges as Russia’s partial digital currency regulations take effect on September 1, amid ongoing industry debates over custody models. While brokers may connect to MOEX’s system or use proprietary solutions, major banks including Sberbank, VTB, T-Bank, and Alfa-Bank have also signaled intentions to provide similar services, suggesting heightened competition in the sector.

WOOFUN AI

Impact Assessment · Quick Read

The entry of a major traditional exchange into digital custody signals institutional maturation within Russia’s emerging crypto regulatory framework. By establishing a separate entity, MOEX mitigates direct operational risk while challenging incumbent banks that have already expressed interest in this space. This development could accelerate the standardization of custody solutions and increase liquidity options for brokers navigating the new September regulations.
Generated by WOOFUN AI · For reference only, not investment advice

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