The Moscow Exchange will start publishing the Bitcoin index.
Starting June 10, the Moscow Exchange will launch the calculation and publication of a new index MOEXBTC, reflecting the dynamics of Bitcoin prices. This will use quotes from perpetual futures and swaps on the BTC/USDT pair from the largest global cryptocurrency exchanges — Binance, Bybit, OKX, and Bitget. The index value will be determined as a weighted average of prices, taking into account the weighting coefficients of these trading platforms. The weighting coefficients of the exchanges will be calculated based on the trading volumes of the tracked instruments and will be reviewed quarterly.
Comments (2)
nyh | June 11, 2025, 00:25 #
What’s the point of this? Cryptocurrencies have become useless in the country due to new laws, strict monitoring and regulation, and internal sanctions against violators. It’s difficult to buy cryptocurrency for rubles, and even harder to sell it for rubles in the country without getting into legal violations that lead to the blocking of all cards and banking services!
nyh | June 11, 2025, 00:32 #
We need to establish interaction with these largest cryptocurrency exchanges by any means. Connect them to existing systems controlled by the Russian Federation, with support for the ruble. The SWIFT blockade has made direct ruble transactions with them impossible. Negotiate, connect to your systems. Or we need to start trading cryptocurrencies on our exchanges for rubles. It’s not even necessary to change the status of cryptocurrencies in the country, to make them a means of payment, to allow settlements. Just give people the opportunity to exchange, trade, speculate. Will the authorities agree to this? Most likely - never. They want to control all transactions, all movements of money in the country so much that cryptocurrency is a serious threat to them. But it would be great in the current realities.
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Другие Новости Кирова (НЗК)
The Moscow Exchange will start publishing the Bitcoin index.
The index will be calculated daily based on data from the four largest cryptocurrency exchanges.
