Moscow Exchange, the largest financial marketplace in Russia, plans to offer cryptocurrency trading to clients starting in December. Testing began a week ago with professional market participants. The exchange will not need any additional permits and will work with a partner digital depository for settlements. Sberbank, the country’s largest bank, received approval in October to custody bitcoin for its clients. In Russia, using cryptocurrency as a form of payment has been illegal since 2022.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
