• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Russian Stock Exchange Denies Crypto Trading Plans

user avatar

by Giorgi Kostiuk

2 years ago

  1. Denial of crypto trading plans
  2. Discussions among Russian officials
  3. Regional cryptocurrency initiatives


    4. The Russian Stock Exchange has denied recent reports that it is preparing to launch a state-run cryptocurrency trading platform. Despite this denial, discussions among senior Russian officials regarding the establishment of a state-run crypto exchange continue.

    Denial of crypto trading plans

    Earlier this week, rumors circulated that both the St. Petersburg and Moscow exchanges were planning to introduce crypto services. However, the St. Petersburg Currency Exchange has clarified that it has no such plans and remains focused on its existing financial products and services in the money and stock markets.

    The reports that appeared in a number of media outlets that the St. Petersburg Currency Exchange plans to become one of the platforms for trading crypto assets are not true. Our approved development strategy is focused on developing our own products and services in the money and stock markets. They do not involve the provision of any services related to cryptocurrencies.Official Statement

    Discussions among Russian officials

    Despite this denial, there has been significant discussion among senior Russian officials about establishing a state-run crypto exchange. This comes as new laws set to take effect on September 1st will legalize industrial crypto mining and allow the use of cryptocurrency for international trade.

    Regional cryptocurrency initiatives

    Meanwhile, other regions in Russia are exploring the possibility of launching their own crypto exchanges. In the Republic of Tatarstan, a digital platform for a national crypto exchange is reportedly ready to go, supported by the local Ministry of Digital Development. This exchange, tentatively named the Tatarstan National Crypto Exchange, aims to control cryptocurrency transactions within Russia, ensuring transparency and proper taxation.

    The situation around cryptocurrencies in Russia continues to develop, and despite the official denial by the St. Petersburg Currency Exchange, national and regional cryptocurrency initiatives remain a topic of active discussion.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Faces Resistance and Potential Decline

chest

Ethereum price is currently facing resistance at the $2,000 level and may decline if it fails to break through.

user avatarKaterina Papadopoulou

New Privacy-Focused AI Tools Launched

chest

Several new AI tools have been launched that prioritize user privacy and data security.

user avatarMaya Lundqvist

Companies Opting Users into AI Training Without Consent

chest

LinkedIn and Google have been found to opt users into AI training without explicit consent, raising ethical concerns.

user avatarLi Weicheng

Massive Data Leak from Misconfigured Chatbot Database

chest

A security researcher discovered 300 million messages from 25 million users in a publicly accessible database due to a misconfigured backend.

user avatarLeo van der Veen

Institutional Adoption Could Propel XRP Price to $8

chest

Institutional adoption is seen as a key factor that could drive XRP's price to $8, especially after the SEC lawsuit settlement.

user avatarAisha Farooq

Settlement of SEC vs Ripple Lawsuit Boosts XRP Investor Sentiment

chest

The settlement of the SEC lawsuit against Ripple in 2025 has led to increased investor confidence and a rise in XRP's price.

user avatarTenzin Dorje

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.