Moscow Exchange Embraces Cryptocurrency
Moscow Stock Exchange Prepares to Trade Cryptocurrency
Moscow Stock Exchange is creating an infrastructure to trade cryptocurrencies such as bitcoin. The exchange plans to trade cryptocurrencies as well as derivatives and exchange-traded funds (ETFs) based on them. This announcement closely follows the plan by Deputy Finance Minister Alexei Moiseev to regulate bitcoin as a financial asset.
Moscow Exchange Embraces Cryptocurrency said
We are already working on creating an infrastructure for such [cryptocurrency] trades, in particular, a platform for post-trading services for crypto assets.
Source
https://themerkle.com/russias-national-settlement-depository-tests-blockchain-e-voting-system/
Trading Instruments to Be Offered
The exchange stated:
We are ready to organize trading in financial products for which there is a demand from bidders and their clients and which provide sufficient legal protection…On the stock exchange, it is possible to trade both the cryptocurrencies themselves and derivatives on them, as well as trading stock exchange funds on cryptocurrencies.
Full story
https://news.bitcoin.com/moscow-stock-exchange-trade-cryptocurrency/