What exactly is Russia proposing for crypto markets?

Russia’s Finance Ministry wants spring legislation to bring crypto activity onshore via licensed venues such as MOEX. The goal is to formalise custody, KYC, taxation, and trading access. If passed, it could move significant flow from offshore exchanges to domestic platforms and improve transparency for cryptocurrency trading across the Europe to Asia window.

How could this affect Bitcoin price for Australians?

Onshoring could tighten spreads and deepen books during Asia hours, improving execution for Aussie traders. A clear, permissive framework may support a relief bounce toward mid technical bands. A restrictive or delayed path risks pressure toward lower bands. Watch spreads on AUD pairs, funding rates, and spot to futures basis when headlines hit.

What indicators matter most today for BTC?

RSI at 30.66 signals near oversold, ADX at 48.08 shows a strong trend, and ATR near 4,106 highlights large ranges. Bollinger levels at 57,195 and 75,911 frame downside and mean reversion. MACD remains negative. Together, they suggest patience, tight risk, and respect for volatility in cryptocurrency trading while policy news develops.

Is Ethereum or Solana likely to react differently?

Ethereum sits near US$1,937 with a strong trend and near oversold readings, while Solana around US$81.83 shows oversold money flow. Since MOEX lists BTC and ETH futures and plans SOL exposure, policy clarity could lift all three, though liquidity usually concentrates in BTC first, then rotates into majors as confidence builds.

Global Market Insights

BTCUSD Today, February 20: Russia Moves to Regulate $650M Daily Trade

ByDanny Kontos February 20, 2026February 20, 2026

Cryptocurrency trading is front and centre today as Russia moves to regulate an estimated US$650 million in daily crypto flows and bring activity onshore through licensed venues such as MOEX. Bitcoin (BTCUSD) sits near US$66,903 as policy headlines emerge. Russia’s Finance Ministry wants spring legislation, which could shift liquidity and fees from offshore platforms. For Australians, this could change spreads during Asia hours and impact AUD pairs. We break down the market setup, technical levels, and what to watch for Bitcoin, Ethereum, and Solana.