Deputy Aksakov allows the possibility of the creation of the DFA trading platform in the Moscow Stock Exchange’s structure

The official noted that such a cryptocurrency exchange must comply with the strict requirements of the Bank of Russia

07.07.2022 - 12:45

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What’s new? The head of the State Duma Committee on the Financial Market Anatoly Aksakov reported that the launch of a Russian cryptocurrency exchange can be implemented as part of the work of PJSC Moscow Exchange. In this, a platform for trading digital assets should be created in accordance with the strict requirements of the Bank of Russia, he noted during a press conference on July 7.

Interfax’s material

What else did the deputy say? Aksakov noted that the Moscow Exchange is “a respected organization with great traditions, accustomed to active interaction with the Central Bank,” and therefore it will best cope with the task of carrying out cryptocurrency transactions. In this, Bank of Russia Governor Elvira Nabiullina had previously said that cryptocurrencies should not be used within the country as a means of payment.

On June 22, Aksakov submitted a bill to the State Duma, according to which fines of up to one million rubles are provided for individuals and organizations that illegally issue and exchange DFAs. In July, the State Duma passed a law banning payments for goods and services with DFAs, also introduced by Aksakov.

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