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Moscow Exchange considers launching 24/7 cryptocurrency trading

MeNews
robot
Abstract generation in progress
ME News Report, May 15 (UTC+8), the Moscow Exchange is in negotiations with brokers to launch a cryptocurrency trading model. Experts expect that cryptocurrency trading in Russia will be similar to other exchange tools, but trading hours will be extended to 24/7. Currently, the Moscow Exchange is studying whether to adopt a 24/7 mode, with the final decision depending on the clearing operation method. Additionally, the Moscow Exchange is testing cryptocurrency deposit and withdrawal functions and has invited some brokers to participate in the testing. In the future, users will not be able to register cryptocurrency wallets directly on the exchange and will need to operate through brokers' digital custody accounts. The Moscow Exchange's news department stated that the platform is actively developing solutions to serve the cryptocurrency market. (Source: ODaily)
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PuddingMarketMaker
· 2h ago
The 24/7 trading pair clearing pressure is huge. Are the Russian developers' skills up to par?
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CoralSlippage
· 4h ago
Through broker operations, user experience is compromised, but compliance is maximized.
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SlippagePoet
· 4h ago
The decision on the launch time for the settlement operation, technical debt will have to be paid eventually.
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TidalShellReflection
· 4h ago
Cryptocurrency deposit and withdrawal testing, can traditional financial infrastructure keep up?
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ShortPositionsAtTheElevator
· 4h ago
Users cannot register wallets directly; is this design to prevent money laundering or to prevent fleeing?
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MevTeaBreak
· 4h ago
During the testing phase, only some brokers are invited; internal testing qualifications are quite sought after.
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BridgeSideEyes
· 4h ago
Broker digital custody account, in simple terms, is just an additional intermediary earning a spread.
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ForkItAnyway
· 4h ago
Maozi's move is pretty interesting, trading 24/7 around the clock, can the liquidation keep up?
View OriginalReply0

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