Moscow Exchange is working on a platform for trading cryptocurrencies

Moscow Exchange is working to create an infrastructure for trading cryptocurrencies, according to RNS news agency.

“The Exchange, together with the trading participants, is studying investors' interest in trading in digital assets. At the same time, we are already working on creating the infrastructure for such trades, in particular the platform for post-trading service of cryptoactive assets. At the same time, we are conducting a dialogue with regulators to clarify all the legal issues of organizing trading in cryptoactive assets on the Russian stock market and ensuring the protection of the interests of acquirers of such assets, ”said a representative of the Moscow Exchange.
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Among other things, the exchange specialists are working to create a platform for post-trading service of cryptoactive assets. According to representatives of a financial organization, there is a parallel “dialogue with regulators to clarify all the legal issues of organizing trading of cryptoactive assets on the Russian stock market and ensuring the protection of the interests of acquirers of such assets.”

It is reported that trading on the exchange platform is possible as the cryptocurrencies themselves, their derivatives and shares of exchange-based cryptocurrency funds (ETF). According to the representative of the exchange, the easiest way to organize the trading of derivatives for cryptocurrency. Note that the Moscow Exchange is a member of the international blockchain consortium.

In August 2016, the launch of its own digital currency by the four largest world banks (Swiss UBS, German Deutsche Bank, Santander, BNY Mellon) together with the brokerage firm ICAP was reported by the Financial Times. Prior to this, information appeared in the media about interest in the Bitcoin analogue from the Bank of England , the QIWI payment system and the Yandex.Money service.

Even earlier, in December 2015, the US Securities Commission (SEC) approved the application of the company Overstock.com to issue digital shares (digital securities), the ownership of which and the fact of its transfer are certified by making a record in a secure publicly available register implemented on blockchain.

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