Moscow Exchange drafting bill on digital financial assets and securities trad...
The Russian stock exchange expects to become a registered digital asset exchange and begin trading both digital financial assets and digital asset-based securities. The Moscow Exchange (MOEX) is drafting a bill to allow trading in digital financial assets and securities based on them, according to a report in the Russian press. The stock exchange is writing the bill on the behalf of the Central Bank, which does not have the power to introduce legislation, Vedomosti newspaper reported Sept. 22. Speaking at a banking conference, MOEX supervisory board chair Sergei Shvetsov said the bill in....
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The Moscow Exchange has proposed to legalize the issuance of receipts for digital financial assets. The trading platform says this will allow custodians to offer clients who are not ready for distributed ledgers to essentially work with securities. MOEX also plans to become a licensed crypto exchange operator. Largest Russian Stock Exchange Gears Up to Enter Digital Asset Market The leading exchange for equities and derivatives in Russia has drafted new legislation that would authorize depositories to issue receipts for digital financial assets (DFAs). In current Russian law, the broad....
Russia’s largest market for equities, bonds, and derivatives, the Moscow Exchange, intends to launch a product based on digital financial assets by the end of the year, an executive has revealed. The trading platform is already working with a partner to organize the placement of digital tokens.
Russia’s Top Exchange to Facilitate Trading of Financial Instruments Based on Digital Assets
Releasing a product based on digital financial assets (DFAs) is in the plans for 2022, a high-ranking representative of the Moscow Exchange (MOEX) has indicated in a recent....
Turkey is reportedly drafting crypto legislation to be submitted to parliament in the coming weeks. The bill may also impose taxes on some crypto transactions.
New Turkish Crypto Legislation Underway
Turkey is drafting a bill to establish new rules for the crypto industry, Bloomberg reported last week, citing two unnamed Turkish officials familiar with the matter.
According to the officials, the governing AK Party of President Recep Tayyip Erdoğan plans to submit the cryptocurrency bill to parliament in the coming weeks.
Under the new regulatory....
A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms Issuing and Trading Digital Currencies Outside Law Persons and entities illegally issuing digital financial assets (DFAs), the current definition of cryptocurrencies in Russia, will have to pay hefty fines, according to a bill recently submitted to the State Duma, the lower house of Russian....
The New York-based exchange will start with five digital assets on offer in its SEC compliant trading system, which will “seamlessly integrate with legacy securities trading systems.” Prometheum Ember ATS announced the launch of its alternative trading system (ATS) on Oct. 26. The new ATS is registered by the United States Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority.Prometheum Ember ATS will offer digital asset securities trading, clearing, settlement and custody. The new ATS has partnered with Anchorage Digital Bank to help it....