Moscow Exchange to launch regulated crypto trading for BTC, ETH, USDT on Dec. 1

Moscow Exchange (MOEX), Russia’s largest stock exchange, will launch its first organized crypto market on December 1, allowing trading in bitcoin (BTC), ether (ETH), and Tether (USDT). The platform will initially offer same-day (TOD) and next-day (TOM) settlement options and provide liquidity management through swaps, according to an official announcement released on November 2. Crypto trades will be routed through the National Clearing Centre (NCC), MOEX’s clearing arm that handles settlement for securities.

Also reported by Finance Magnates.

Source: CoinTurk News