The Moscow Exchange is piloting crypto trading with professional participants and plans to launch a regulated service on 1 December, managing director Boris Blokhin said. Russia's crypto rules took effect on 1 September, limiting non-qualified investors and restricting trading to Bitcoin, ether and USDT; Sberbank expects at least RUB 4tn in first-year volume.
The story so far: Moscow Exchange crypto trading launch
The Moscow Exchange plans to launch regulated crypto trading on 1 December under new Russian legislation, with testing underway with professional participants. It now says Bitcoin, ether and USDT will trade from that date, cleared through the National Clearing Centre, with non-qualified investors capped…
Moscow Exchange says crypto trading to start on 1 December
Boris Blokhin, a senior managing director at the Moscow Exchange, said the bourse intends to launch cryptocurrency trading on 1 December under new legislation, with testing continuing beforehand. The exchange already offers BTC, ETH, SOL, XRP and TRX index futures and perpetual contracts to qualified investors.
Moscow Exchange plans regulated crypto trading from 1 December
The Moscow Exchange is piloting crypto trading with professional participants and plans to launch a regulated service on 1 December, managing director Boris Blokhin said. Russia's crypto rules took effect on 1 September, limiting non-qualified investors and restricting trading to Bitcoin, ether and USDT; Sberbank expects at least RUB 4tn in first-year volume.
Moscow Exchange to list Bitcoin, ether and USDT on 1 December
The Moscow Exchange plans to launch Bitcoin, ether and Tether's USDT trading on 1 December, calling it Russia's first organised digital currency market. Trades will clear through the National Clearing Centre, with non-qualified investors capped at Rs-equivalent 300,000 roubles (about $3,700) a year per broker.
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