Moscow Stock Exchange to list cryptocurrencies
The Moscow Stock Exchange is likely to start the trading of digital currencies. The exchange is expected to list derivatives and exchange-traded funds (ETF) based on bitcoin and other cryptocurrencies.
The exchange is currently creating an infrastructure to trade Bitcoin and other virtual currencies as of August 2017. The move comes after Russia seemingly banned ‘ordinary people’ from buying cryptocurrency.
Based on a report by Russian state-owned news agency Tass, the exchange has claimed that a platform for the post-trading of cryptocurrency assets is already in the works.
@maochitse its a real big news and its a need of an hour for Russia to recognise the importance of cryptocurrencies. Japan realized it due to bitcoins but Russia has got many more including Ethereum, waves, steem and may be many more. if moscow is accepting the cryptocurrencies their are few simple and straight forward reasons for the sames. There is a nationalistic approach of Russian government which is likely to get good price increase in crypto markets
@maochitse if moscow is accepting the cryptocurrencies their are few simple and straight forward reasons for the same. One of it is many of the co-founders or founders of cryptocurrencies are Russians, whether it is ethereum, steem or waves. There is a nationalistic approach
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by maochitse from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.