Moscow Exchange Withdraws from Pilot Crypto Program

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Reasons for Moscow Exchange's Withdrawal
  2. New Legal Status of Cryptocurrencies in Russia
  3. Plans for Digital Currency Development in Russia


    4. The Moscow Exchange, Russia's largest exchange group, confirmed its decision not to participate in a pilot cryptocurrency trading program, despite new legislative measures allowing digital currencies under the supervision of the Central Bank of Russia.

    Reasons for Moscow Exchange's Withdrawal

    The decision to withdraw from the pilot program was confirmed by Nikolai Trunichkin, head of digital projects at the Moscow Exchange. While the Saint Petersburg Stock Exchange will continue with the pilot, the Moscow Exchange is focusing on other digital projects such as blockchain and tokenization.

    New Legal Status of Cryptocurrencies in Russia

    The Moscow Exchange's decision to withdraw from the crypto pilot comes at a time when Russia is building a legal framework for digital currencies. New laws passed by the Russian State Duma aim to regulate cryptocurrency trading, with the Central Bank ensuring strict oversight over these digital assets.

    Plans for Digital Currency Development in Russia

    In addition to the cryptocurrency pilot, Russia is expanding its digital ruble pilot program. The Bank of Russia plans to include 9,000 individuals and 1,200 companies in this initiative, with full implementation expected by late 2025. Russia also plans to launch new cryptocurrency exchanges and stablecoin platforms in Moscow and Saint Petersburg to support international trade.

    Despite the Moscow Exchange's withdrawal from the pilot cryptocurrency program, Russia continues to actively develop digital currencies and new financial instruments to support and regulate the economy.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Justin Sun Prize Launched to Transform Scientific Research

chest

The Justin Sun Prize has been established to redefine scientific rewards in the AI era, offering up to $1 million for breakthroughs in fundamental disciplines and machine formal verification.

user avatarKenji Takahashi

bdautomated Releases Verified AI Agent Statistics for 2026

chest

bdautomated releases a comprehensive dataset on AI agent statistics for 2026, tracing 75 widely quoted figures back to their original sources.

user avatarMaria Fernandez

Korea Blockchain Week 2026 Announces Key Sponsors and Speakers

chest

Korea Blockchain Week 2026 has unveiled its partner lineup, featuring major players in the digital asset industry, including Upbit, 0G, BRV, Stable, Tria, and BitGo. The event will take place in Seoul from September 29 to October 1, 2026, and will host key speakers discussing significant shifts in the digital asset industry.

user avatarGustavo Mendoza

Morgan Stanley's Bitcoin Accumulation Boosts Market Confidence

chest

Morgan Stanley has been actively accumulating Bitcoin through the ETF route, amassing approximately 622 million worth of the cryptocurrency this month.

user avatarRajesh Kumar

Microsoft Opens Public Feedback for AI Code of Conduct

chest

Microsoft is inviting public feedback on its draft Code of Conduct for AI models until late October, aiming to refine guidelines before finalizing them for 2027.

user avatarLuis Flores

Microsoft AI Releases Draft Code of Conduct for AI Models

chest

Microsoft AI has published a draft Code of Conduct outlining the expected behavior and limitations of its AI models, inviting public feedback for six weeks.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.