Russia considers allowing major local licensed exchanges to offer digital currency trading services

On July 15th, the Russian Ministry of Finance proposed allowing licensed exchanges such as the Moscow Exchange and St. Petersburg Exchange to provide digital currency trading services for selected qualified investors. Anatoly Aksakov, Chairman of the Financial Market Committee of the State Duma, believes that Russia's largest exchange is ready to handle cryptocurrency trading. He emphasized that once legal conditions are established, exchanges should be able to quickly start cryptocurrency trading without any problems.