Cryptocurrency Trading to Start in Moscow Exchange

In an interview given to TASS, the head of Russian State Duma’s Financial Market Committee Anatoly Aksakov pointed that the Moscow Stock Exchange may become a site for cryptocurrency trading.

State Duma is the lower chamber of the Russian parliament.

There are in the area the St. Petersburg International Commodity Exchange, the Moscow Stock Exchange, the RTS, but they actually act as a non-profit partnership. However, these exchanges are also ready to participate in the process and they have specialists doing stock exchange operations.

“ I suppose that, the Central Bank is now considering the Moscow Stock Exchange, perhaps also the St. Petersburg Commodity Exchange for this purpose. But now there is a stronger urge to work with the Moscow Stock Exchange,” Aksakov said.

Earlier, Deputy Finance Minister Alexei Moiseev said that in the near future his ministry and the Central Bank will determine the list of such stock exchanges.

He noted that perhaps the authors of the relevant bill will simply determine the criteria a site should meet to conduct trading with cryptocurrencies. He added that not only exchanges can be the sites to conduct such trading.

The country’s Deputy Finance Minister Alexei Moiseev earlier said that in the near future his ministry and the Central Bank are going to determine the list of such stock exchanges