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Friday, September 1, 2017

Moscow Stock Exchange Plans Trading of Cryptocurrencies

Moscow Stock Exchange Plans Trading of Cryptocurrencies


The Moscow Stock Exchange plans soon to begin the trading of digital currencies. The exchange will also list derivatives and exchange-traded funds (ETF) based on different cryptocurrencies. The exchange is currently creating an infrastructure to trade Bitcoin and other virtual currencies as of August 2017. The move comes after Russia seemingly banned ‘ordinary people’ from buying cryptocurrency.

Based on a report by Russian state-owned news agency Tass, the exchange has claimed that a platform for the post-trading of cryptocurrency assets is already in the works.

Part of the exchange’s statement reads:

“We are already working on creating an infrastructure for such [cryptocurrency] trades, in particular, a platform for post-trading services for crypto assets.”


Full story at http://bit.ly/2gl6nvY


Source: CoinTelegraph


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