Latest

Moscow Exchange told about options for launching its own CFAs

Moscow Exchange said it may launch trading in short-term digital financial assets. Earlier, the exchange was included in the register of CFA exchange operators.

Representatives of the exchange reminded that the organization became the very first CFA exchange operator in Russia. The license of an information systems operator (ISO) allows the issuance of such assets.

“Moscow Exchange is currently working on several cases. Short-term CFAs for cash claims could be a pilot project. Other scenarios and tools will be presented in the future,” the exchange told.

Sergei Kharinov, director of digital assets at MosBirch, said the platform has some serious work to do as a CFA exchange operator;

“There is a need for communication with various information system operators, organization of clearing, a unified showcase, a clear client path and services,” the top manager listed.

The CBR Board of Directors presented the logo and approved tariffs for digital ruble transactions. For individuals, transfers in the government’s digital currency will be free, while businesses will have to pay for each transaction.

Recently, Olga Skorobogatova, the first deputy governor of the Bank of Russia, said that the authorities will not organize total surveillance of the country’s citizens using the digital ruble;