No, Moscow Exchange Hasn't Launched Bitcoin and Crypto Trading – Yet

Something is stirring in the East – and no, it's not China this time.

The blockchain news cycle has been abuzz of late with notable news from Russia, though translations and miscommunications have often made it difficult to separate fact from speculation. 

Earlier this week, Vnesheconombank caused a stir, announcing a partnership with the Ethereum Foundation, the non-profit that drives its development. That, however, turned out to be only partly true. (It turns out the agreement is with a new organization, one etheruem creator Vitalik Buterin is creating specifically to meet demand in Russia.)

Elsewhere, there were muddied reports about regional financial powerhouse Moscow Exchange suggesting that it was already trading cryptocurrencies, but for "qualified investors."

As reported by CoinDesk, that wasn't the full story. Rather, unrelated statements were used to fuel headlines that didn't match real events. 

In perhaps the strangest twist, though, the exchange isn't offended by the association, instead welcoming the idea. In new statements to CoinDesk, it hints that it is taking cryptocurrencies seriously, and that it is open to launching crypto products, given a legal framework.

Combined, the events seem to make for an interesting development – if Russia right now is an iceberg of information, it's compelling to think about what may remain unseen.

iCryptocurrency Says "JOIN BITCONNECT"  AND "JOIN Regalcoin" TODAY!!!

Support our broadcast. We appreciate your donations and helping hands.
Bitcoin >> 138QHKzao2ZKcbbVzDVruMww6ZmBBsp2BN
Ether >> 0xDbf14A559b99E2E7b0b6bd2D92Ea5a3a691f4694

Visit our sister website AKACOMS
In Crypto and God I Trust
"Bitcoin is the currency of the future and the future is NOW" - Gboto Crypto Billion