Money & Access
Moscow Exchange launches bitcoin trading despite U.S. sanctions
Image credit: Bitcoin Magazine
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Russia's largest exchange, Moscow Exchange, will begin bitcoin trading on December 1, Bitcoin Magazine reported. The move represents an effort by Moscow to establish domestic cryptocurrency infrastructure as Russia seeks to reduce reliance on foreign financial systems.
The exchange operates under U.S. sanctions, part of broader Western restrictions imposed on Russia following its invasion of Ukraine. The launch brings cryptocurrency trading to Russia's primary financial marketplace.
