Moscow Exchange Plans Retail Bitcoin Trading Under New Rules
Photo: Crypto News Flash
Moscow Exchange is preparing to open Bitcoin, Ethereum and USDT trading to retail investors on December 1, marking a significant expansion of Russia’s regulated cryptocurrency market. The exchange has begun testing transactions with professional participants, according to Boris Blokhin, its senior managing director for sales and business development. Speaking on October 8, Blokhin said the venue intended to use an external digital depository for settlement and asset recordkeeping. The launch follows Russia’s introduction of Federal Law No. 282-FZ, which took effect on September 1 and established a legal framework for cryptocurrency transactions through financial intermediaries.
Source: Crypto News Flash
