Moscow Opens its First Bitcoin Exchange
Days after Russian authorities reversed plans to penalize bitcoin use, the country’s capital has unveiled that it has opened its first digital currency exchange. Launched in Moscow, the bitcoin exchange was opened by a team of bitcoin enthusiasts who will provide a 24/7 offline service for exchanging the digital currency, according to local news report, ForkLog.com. Located at Novy Arbat, 8 St., the exchange currently only allows ‘one-way’ exchange where customers can sell bitcoins with the exchange carried out in private. Buying the cryptocurrency is unavailable at the exchange for now.....
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Moscow opens its first digital currency exchange, California shelves its plans to regulate bitcoin, and the Bank of England looks to manage cryptocurrency. Want to catch up on the latest digital currency news? Take a look at the stories below. MOSCOW. After years of marking bitcoin as a magnet for criminal activity, Russia shocked the world last week when it announced it was looking into taxing bitcoin transactions rather than penalizing them. Naturally, crypto-enthusiasts chalked this up as a random change in status. The devaluation of one’s national currency (in this case, the ruble) is....
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 may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee.
Russian Authorities Mull Creating Domestic Cryptocurrency Exchange
A crypto trading platform may be established at the Moscow Exchange (MOEX), according to a statement by Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house of Russian parliament.
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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....
Government officials in Moscow are willing to explore and implement the potential and uses of blockchain technology in various applications including the Active Citizen project. The city government initiative is a technology-laden program aimed to make citizens of Moscow more inclusive in affecting government decisions. The Department of Information Technology of Moscow is ready to implement blockchain technology within its “Active Citizen” project, according to the department’s deputy director. Andrei Belozerov revealed his eagerness to use blockchain technology during a meeting with the....