📢 Russia 🇷🇺: Moscow Exchange plans to launch cryptocurrency futures

📢 Russia 🇷🇺: Moscow Exchange plans to launch cryptocurrency futures

A statement from Viktor Zhídkov, President of the Exchange: “You can't escape progress or ignore it”. A bold and thought-provoking declaration.

➡️ Cryptocurrency futures are contracts that allow the purchase or sale of a digital asset at a predetermined price and date. This financial instrument enables traders to speculate and potentially profit from future price fluctuations of cryptocurrencies.

➡️ The initiative is promising, particularly because cryptocurrencies in Russia are already recognized as property, with a structured framework for tax payments.

➡️ …But there’s a catch: while the purchase of these “properties” is permitted, cryptocurrency payments remain illegal in Russia. The only exception is for foreign trade, conducted under an experimental legal regime (RJE).

#news #Russia #crypto

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