Moscow Exchange to Launch Bitcoin Trading, Testing Underway

{"heading_1":"Testing Phase","subheading_1":"Boris Blokhin, Senior Managing Director","content_1":"Boris Blokhin, the senior managing director for sales and business development at the Moscow Exchange, stated that the exchange has started testing operations with professional market participants. The testing phase began a week ago.","subheading_2":"Partner Settlement Digital Depository","content_2":"The Moscow Exchange will work with a partner settlement digital depository where market participants will open accounts. No additional permits or licenses are needed for trading.","subheading_3":"Regulatory Environment","content_3":"The plan follows Russia's law on digital currencies and digital rights, which took effect in September and sets comprehensive rules for crypto in the country. Trades can run through existing infrastructure such as exchanges, brokers, and trust managers."}