According to Bits Media, Moscow Exchange is exploring the launch of spot cryptocurrency trading with 24/7 continuous trading operations. The exchange is in discussions with brokers to introduce dedicated crypto trading accounts and is testing deposit and withdrawal functions.
Russia’s State Duma has passed the first reading of the Digital Currency and Digital Rights Bill, which establishes listing requirements for cryptocurrencies on exchanges. Coins must have an average market capitalization exceeding 5 trillion rubles and average daily trading volume surpassing 1 trillion rubles over two years, plus at least five years of trading history. Only the largest cryptocurrencies such as Bitcoin, Ethereum, and SOL currently meet these standards.
Related News
Bitcoin Depot Issues 'Going Concern' Warning as Q1 Revenue Plunges 49%
Mexican Giant Grupo Salinas Taps Anchorage Digital for Stablecoin Payments
Moscow Exchange plans to launch crypto trading, with a 24/7 mode awaiting the settlement mechanism formulation proposal