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Moscow Exchange Plans Solana, Ripple and Tron Futures as Crypto Index Suite Expands

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The Moscow Exchange (MOEX) is preparing to broaden its suite of cryptocurrency products in 2026 by launching new futures contracts tied to major digital assets including Solana (SOL), Ripple (XRP) and Tron (TRX), according to an executive interview with RBC.

The exchange, which already calculates and trades futures on its Bitcoin and Ethereum indices revealed plans to introduce three new crypto indices reflecting price dynamics for Solana, Ripple and Tron — and subsequently offer futures contracts based on each of these benchmarks.

Maria Silkina, Chief Manager of the Derivatives Product Group at the Moscow Exchange, told RBC in the “Investment Hour” program that expanding the exchange’s crypto pairings is a priority for the coming year, starting with some of the “top names” in the market.

“During this year we will be expanding pairs and probably the top names that will definitely be among the first are Solana, Ripple and Tron… after that we will see how it goes,” Silkina said.

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Index Foundation Crucial to Futures Launch

Silkina stressed that futures contracts on crypto assets require underlying indices as a reference price, explaining that futures cannot exist without clearly defined and published benchmarks.

Currently MOEX calculates indices for Bitcoin and Ethereum in accordance with a transparent methodology available on its website, and futures related to those indices are actively traded on the derivatives market.

“We are developing MOEX crypto indices, we calculate them according to methodology, they are disclosed on the website. A future cannot be launched without a base asset. Naturally, indices must appear, they must be calculated and published, and only after that can the future appear. Otherwise, a future cannot exist,” Silkina explained.

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The proposed new futures contracts will be cash-settled — like the existing Bitcoin and Ethereum contracts — meaning they do not involve physical delivery of the underlying cryptocurrency, in line with current Bank of Russia regulations.

These cash-settled contracts will expire monthly and follow the same design framework as the BTC and ETH futures already available.

Per current Russian law, derivatives tied to cryptocurrency indices on the Moscow Exchange will only be accessible to qualified investors.

Perpetual Futures and Options Under Consideration

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In addition to the new index futures, the exchange is evaluating the introduction of perpetual futures — one-day contracts that automatically roll over — for the major cryptocurrencies, including Bitcoin and Ethereum.

Silkina confirmed that after broadening the range of futures pairs, the exchange also plans to introduce perpetual futures and options on the same indices.

“After expanding the lineup of futures to other pairs, we also plan perpetual futures and options. But all this will be added gradually. The perpetual future will be on the same index that currently has a monthly future,” Silkina said.

The development marks another step by one of Russia’s largest financial markets towards institutionalizing crypto derivatives trading within existing regulatory frameworks, offering professional traders and institutions more tools for exposure, hedging and price discovery in digital assets.

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Russia Limits Crypto Buyers to $4,000 Annually

Russia’s State Duma also plans to finalize legislation by July 1, 2026, establishing a two-tier crypto access system that caps non-qualified investors at 300,000 rubles ($4,000) annually while granting unlimited purchasing power to qualified investors, according to Anatoly Aksakov, head of the State Duma Committee on Financial Markets, in an interview with Parlamentskaya Gazeta.

The framework, based on the Bank of Russia’s December concept submitted to the government, treats digital currencies and stablecoins as tradable currency assets while maintaining their prohibition for domestic payments.

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Crypto World

Argentina Blocks Polymarket as Crackdown on Prediction Markets Expands

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Court Orders Remedial Reflex

In Buenos Aires, a court directed regulators to impose tight controls of access. The telecom regulator ENACOM also liaised with the internet companies to shut down the site. Google and Apple were also asked to take the app out of their stores. The reason why these actions are taken is to restrict access to the users in the country.

This has caused regulators to tighten their belts due to apprehension caused by activity associated with inflation data. It was reported that the platform made predictions of Argentina’s inflation rate in February before it was officially released. Besides, authorities reported that the prediction was altered minutes before publishing. This chain of events triggered the need to further research how the platform functions.

Researchers came to the conclusion that the platform served as a web-based betting platform. Regulators also said it enabled the users to participate in wagering without licenses. Also regulators were worried about access by minors. These results resulted in even tougher steps to be taken against the platform.

Latin America’s Crackdown Continues

The move is in line with other actions taken by Colombia. Polymarket was later blocked in the country due to similar complaints raised against unlicensed gambling services. Therefore, Argentina became the second country to ban the platform in the region. Such a trend underscores the developing regional integration in the area of regulatory enforcement.

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Regulatory examination does not just end at Latin America; it extends to other markets. It has been reported that websites like Kalshi have been involved in court cases in the United States due to allegations of unregulated betting services. It has also been reported that unpaid wagers have been involved in cases of dispute that are associated with geopolitical activities. Regulators and legal authorities have paid more attention to such developments.

Polymarket has also addressed criticism by eliminating some of the markets. Additionally, the site has recently shut down a market for nuclear risk forecasts after being pressured by the publicity. More so, the shutdown was done through the high geopolitical tensions. This is in response to efforts to deal with concerns as the regulatory pressure persists. Argentina has imposed a nationwide ban on Polymarket following the discovery of unlicensed betting operations and a ban on platforms. The relocation is in line with the larger international desire to control prediction market sites and restrict illegal gambling solutions.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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US Lawmakers Introduce Bill to Crack Down on Prediction Markets War Bets

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Law, Congress, United States, Prediction Markets

Two Democratic lawmakers in the US Congress have introduced legislation in response to “government corruption” over bets on prediction markets platforms.

In a Tuesday announcement, Texas Representative Greg Casar and Connecticut Senator Chris Murphy said they had introduced the Banning Event Trading on Sensitive Operations and ​Federal Functions (BETS OFF) Act after several Polymarket accounts made “highly unusual bets” that a war between the US and Israel against Iran would begin.

Murphy said on March 4 that it was likely that people with “inside information” of US President Donald Trump’s plan to bomb Iran had made the bets.

“We shouldn’t live in a country where someone sitting in the situation room making decisions about whether to invade or to bomb, decisions about war and peace, life and death, that those decisions could be driven by the fact that they have hundreds of thousands of dollars riding on the decision,” said Casar.

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Law, Congress, United States, Prediction Markets
Source: Representative Greg Casar

The bill is the latest twist in US lawmakers’ efforts to crack down on prediction market platforms and accounts allegedly using insider information to profit from government actions. Last week, California Senator Adam Schiff introduced the DEATH BETS Act to prevent prediction markets platforms from listing events contracts related to war, terrorism, assassination and individual deaths.

Related: Arizona AG files charges against Kalshi over ‘illegal gambling‘

Platforms like Polymarket and Kalshi offer bets on a variety of outcomes, including sporting events and US politics. However, users betting on the specifics of the US-Israel conflict with Iran have ignited controversy in many areas of government. On Monday, a military correspondent with the Times of Israel said that he had received death threats over his report of the date when an Iranian missile had struck Israel, all “in order to resolve a prediction on Polymarket.”

War-related bets still live on Polymarket

As of Tuesday, Polymarket still offered users the opportunity to place bets on the outcomes of several potential decisions in the US-Israel conflict against Iran, including on whether the US would send ground forces into the country, when a ceasefire might happen, and changes to Iranian leadership.

“The promise of prediction markets is to harness the wisdom of the crowd to create accurate, unbiased forecasts for the most important events to society,” said Polymarket in a note on Middle East markets. “That ability is particularly invaluable in gut-wrenching times like today. After discussing with those directly affected by the attacks, who had dozens of questions, we realized that prediction markets could give them the answers they needed in ways TV news and [X, formerly Twitter] could not.”

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Kalshi, in contrast, offered event contracts related to the Iranian conflict but not on specific military actions, such as if the country might reach a nuclear deal with the US and whether Trump or other elected officials might visit Iran.

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