Moscow Exchange eyes 24/7 crypto trading in push to rival foreign platforms
Summary
The Moscow Exchange (MOEX) is currently in discussions with brokers to launch a round-the-clock cryptocurrency trading service. The exchange is exploring infrastructure for crypto-specific accounts and testing deposit mechanics that mirror the National Settlement Depository, ensuring users do not hold wallets directly on the platform. This initiative follows the recent launch of four new crypto indices, bringing their total to six, with plans to support ten digital assets in the future.
These developments align with Russia’s upcoming regulatory framework, which will permit digital asset transactions through licensed intermediaries. While MOEX plans to introduce futures tied to these indices for qualified investors by 2026, it must navigate stringent listing requirements under the new "Digital Currency and Digital Rights" bill, which mandates high market capitalization and significant trading volume thresholds for listed assets.
(Source:Crypto Briefing)