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Moscow Stock Exchange to Begin Bitcoin Trading on December 1 Russia's largest exchange is preparing to bring Bitcoin directly to its regulated trading screens. The Moscow Exchange plans to start trading Bitcoin, Ether and USDT starting December 1st. Transactions will be cleared through the Russian National Clearing Center, with same-day and next-day settlement available. Retail investors will be allowed to participate, but with restrictions. Ordinary investors must pass a qualification test and will be limited to about 300,000 rubles a year - about $3,700 - through a single broker. Accredited investors will not face a parallel purchase cap. Important: The Moscow Stock Exchange and the National Clearing Center are both under US sanctions. This creates an unusual problem for USDT. The freeze previously linked wallets to entities on US sanctions lists, raising questions about how USDT would operate through an approved clearing system. Bitcoin does not have the same issuer problem. There is no Bitcoin company that is able to freeze BTC because an exchange or clearinghouse appears on a sanction list. Russia already has significant crypto activity through offshore exchanges and peer-to-peer markets. Now its largest traditional stock exchange wants some of that activity on regulated domestic rails. Bitcoin is moving to another national exchange infrastructure.

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Bitcoin News · Crypto · · Source

🇷🇺 Russia · Map

Moscow Stock Exchange to Begin Bitcoin Trading on December 1 Russia's largest exchange is preparing to bring Bitcoin directly to its regulated trading screens. The Moscow Exchange plans to start trading Bitcoin, Ether and USDT starting December 1st. Transactions will be cleared through the Russian National Clearing Center, with same-day and next-day settlement available. Retail investors will be allowed to participate, but with restrictions. Ordinary investors must pass a qualification test and will be limited to about 300,000 rubles a year - about $3,700 - through a single broker. Accredited investors will not face a parallel purchase cap. Important: The Moscow Stock Exchange and the National Clearing Center are both under US sanctions. This creates an unusual problem for USDT. The freeze previously linked wallets to entities on US sanctions lists, raising questions about how USDT would operate through an approved clearing system. Bitcoin does not have the same issuer problem. There is no Bitcoin company that is able to freeze BTC because an exchange or clearinghouse appears on a sanction list. Russia already has significant crypto activity through offshore exchanges and peer-to-peer markets. Now its largest traditional stock exchange wants some of that activity on regulated domestic rails. Bitcoin is moving to another national exchange infrastructure.

Moscow Stock Exchange to Begin Bitcoin Trading on December 1 Russia's largest exchange is preparing to bring Bitcoin directly to its regulated trading screens. The Moscow Exchange plans to start trading Bitcoin, Ether and USDT starting December 1st. Transactions will be cleared through the Russian National Clearing Center, with same-day and next-day settlement available. Retail investors will be allowed to participate, but with restrictions. Ordinary investors must pass a qualification test and will be limited to about 300,000 rubles a year - about $3,700 - through a single broker. Accredited investors will not face a parallel purchase cap. Important: The Moscow Stock Exchange and the National Clearing Center are both under US sanctions. This creates an unusual problem for USDT. The freeze previously linked wallets to entities on US sanctions lists, raising questions about how USDT would operate through an approved clearing system. Bitcoin does not have the same issuer problem. There is no Bitcoin company that is able to freeze BTC because an exchange or clearinghouse appears on a sanction list. Russia already has significant crypto activity through offshore exchanges and peer-to-peer markets. Now its largest traditional stock exchange wants some of that activity on regulated domestic rails. Bitcoin is moving to another national exchange infrastructure.

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