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Moscow Exchange (MOEX) Withdraws from Cryptocurrency Trading Pilot
Moscow Exchange (MOEX), Russia's largest exchange group, has chosen to withdraw from a pilot program designed to integrate cryptocurrency trading into the country's financial system, despite recent legislation enabling such activities. The move contrasts with the decision of the Saint Petersburg Stock Exchange, which will move forward with the initiative under the central bank's supervision. Russia, having established a regulatory framework for digital currencies, is striving to incorporate these assets into its financial infrastructure. MOEX’s strategic withdrawal reflects a cautious stance toward the evolving ... (full story)
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- Posted: Sep 9, 2024 10:40pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 130
