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Moscow Exchange plans bitcoin, USDT trading from December 1 under new Russian law

Moscow Exchange plans to launch crypto trading on December 1 under Russia's new law, with annual purchase limits for non-qualified investors. Sources differ on whether ether is included.

HighRisk Media Newsroom, , 1 min read · Читать по-русски

Moscow Exchange plans bitcoin, USDT trading from December 1 under new Russian law

Moscow Exchange plans to launch crypto trading on December 1. The launch will take place under Russia's new law, which introduces annual purchase limits for non-qualified investors.

According to Cointelegraph, the instruments will include bitcoin, ether and USDT. CoinDesk, however, lists only bitcoin and USDT, so the asset lineup differs between the two reports.

Sanctions and stablecoin risks

CoinDesk notes that the exchange is under U.S. sanctions, and that one of the tokens to be listed is issued by a company that can freeze wallets on sanctions lists. According to the outlet, the exchange wants to bring back onshore the crypto trading Russians currently do abroad.

Sources

Prepared by AI from the sources above and checked against them. Spotted a mistake? Write to @highrisk_team.

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Moscow ExchangeRussiacrypto tradingstablecoinssanctions