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Moscow Exchange to Provide Access to CFA Trading in 2025

Moscow Exchange to Provide Access to CFA Trading in 2025

HappyCoinNewsHappyCoinNews2024/12/17 12:33
By:HappyCoinNews

Senior Managing Director of the Moscow Exchange for Retail Business, Development of Electronic Platforms and the Financial Services Project Igor Alutin said that the platform will provide a wide audience with access to digital financial assets in early 2025.

According to him, digital financial assets are the exchange's flagship instrument, which was launched by the marketplace this year, and the first tests for a closed audience have already been successful.

Work is currently underway to scale the instrument, and in a few months the service will become available to every Moscow Exchange client, the top manager said.

He emphasized that more than 160 financial organizations are currently represented on the Finuslugi platform, and the marketplace audience exceeds 3 million clients. Taking into account the upcoming changes in legislation, which are scheduled to come into force in January 2025, it will be possible to buy digital financial assets as easily as regular bonds.

Let us recall that in the summer, the head of the Bank of Russia, Elvira Nabiullina, said that it was necessary to create conditions under which it would be possible to acquire such assets, regardless of the platform on which they were issued.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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