Moscow Exchange Opts Out Of Russian Cryptocurrency Trading Pilot

According to Odaily, the Moscow Exchange (MOEX), Russia's largest securities market, has decided not to participate in the country's cryptocurrency trading pilot program. This decision comes after the Russian State Duma passed a bill in July allowing digital currency trading on exchanges regulated by the central bank. In contrast to MOEX's stance, the St. Petersburg Exchange (SPB Exchange) has announced its active participation in the pilot project.