Russia's largest exchange is opening the crypto door. The Moscow Exchange plans to start trading $BTC and $ETH on Dec. 1 under the country's new law, alongside a dollar-pegged stablecoin — though non-qualified investors will face annual purchase limits. Read that again: a state-regulated on-ramp in a market that spent years in a gray zone. The real story is liquidity — does this pull fresh capital in, or just formalize money already moving? Would you trade crypto on a traditional exchange if regulators allowed it?

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