Mosex will be ready for trading cryptocurrency in early December

The Moscow exchange will be technically ready to launch cryptocurrency trading by December 1. Operations will be carried out both in quasi-dollars and in rubles depending on the instrument. This was stated by the head of the Supervisory Board of the trading platform Sergey Shvetsov at the ACRA Digital Finance forum.

“I hope that regulations will be issued by this point. The most important thing is that we intend to do this within the framework of a single clearing, that is, it will be convenient for the participants, Shvetsov said (quoted by RBC Investments).

The top manager recalled that the Moscow Exchange had already had an unsuccessful experience with the launch of trading in foreign shares in rubles, so this time the platform uses quasi-dollar quotes (those that are denominated in dollars, but settlements on them are in rubles). - Kommersant. This applies to foreign financial digital instruments, Shvetsov said.

On September 1, the law on the regulation of cryptocurrencies came into force in Russia. It allows Russian investors to legally buy and sell digital assets through authorized intermediaries. At the same time, the use of cryptocurrency as a means of payment in the country is still prohibited.

Details - in the material "Beautiful - far away".