Russia Considers Allowing Cryptocurrency Trading for Select Investors on Moscow Exchange

Jul 15, 2024, 12:32 AM

Russia is reportedly considering allowing Bitcoin and cryptocurrency trading for select investors. The Russian Ministry of Finance has proposed allowing traditional stock exchanges, such as the Moscow Exchange, to provide cryptocurrency trading services to certain qualified investors. Additionally, there are considerations for the central bank to start creating an experimental cryptocurrency platform. Russia is also considering allowing digital currency trading on the country's largest exchanges.