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Russia: Bitcoin trading on exchanges to be permitted from Nov. 22

Russia's central bank announced that it will allow Bitcoin trading on the country's stock exchanges starting later this month.


Moscow Exchange building, 2014
Moscow Exchange building, 2014 · Photo: Ludvig14 · CC BY-SA 3.0 · Wikimedia Commons

Russia's central bank has confirmed that it will permit Bitcoin trading on the country's stock exchanges starting November 22, as reported by the outlets Moomoo and Crypto News. The decision was made as part of new regulations established by the bank to oversee the digital currency market. The move marks a shift in Russian financial policy regarding these assets. Further details regarding the scope of the permitted trading or the restrictions that will be imposed on financial institutions have not yet been released.

Sources: Crypto News, Moomoo

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