Moscow Exchange added to the register of digital financial asset exchange operators

On 3 August the Bank of Russia included the public joint-stock company “Moscow Exchange MMBV-RTS” (PJSC Moscow Exchange) in the register of digital financial asset exchange operators (DFA).

Moscow Exchange became the first organisation on the list.

The Bank of Russia, for its part, is aligning the rules for DFA exchange and confirming that the technical capacity to execute the transactions contemplated by those rules is in place.

“Exchange operators when entering into DFA trades by collecting and matching opposing orders may interact with several information-system operators where digital rights are issued. This increases the investment appeal and liquidity of the financial product,” the regulator’s representatives added.

Atomyze, LightHouse, Sberbank, Alfa-Bank, Masterchain, Eurofinance Mosnarbank and Tokion.

At the end of July the State Duma passed a law that requires operators of information systems for issuing and exchanging digital financial assets block the funds of foreign companies under restrictions on Russia.

Earlier, financial marketplaces at the legislative level allowed to issue or exchange DFAs.