Moscow Exchange considers launching 24/7 cryptocurrency trading

Odaily reports that Moscow Exchange is negotiating with brokers to launch a cryptocurrency trading model. Experts anticipate that cryptocurrency trading in Russia will be similar to other exchange tools, but trading hours will be extended to round-the-clock. Currently, Moscow Exchange is exploring whether to adopt a 24/7 model, and the final decision depends on the clearing mechanism. Additionally, Moscow Exchange is testing cryptocurrency deposit and withdrawal functions and has invited some brokers to participate in testing. In the future, users will not be able to register crypto wallets directly on the exchange; instead, they will need to operate through brokers’ digital custody accounts. Moscow Exchange's news department stated that the platform is actively developing solutions to serve the cryptocurrency market.