The Moscow Exchange is considering launching round-the-clock cryptocurrency trading
Svmuu reports that the Moscow Exchange is in discussions with brokers to launch a cryptocurrency trading model. Experts predict that cryptocurrency trading in Russia will be similar to other exchange instruments, but with trading hours extended to round-the-clock. Currently, the Moscow Exchange is studying whether to adopt a 24/7 model, with the final decision depending on the clearing operations. In addition, the Moscow Exchange is testing cryptocurrency deposit and withdrawal functions and has invited some brokers to participate in the pilot. In the future, users will not be able to register crypto wallets directly on the exchange but will need to operate through brokers' digital custody accounts. The press office of the Moscow Exchange stated that the platform is actively developing solutions to serve the cryptocurrency market.
Source:Odaily · Source Link
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