[CoinDesk] U.S.-sanctioned Moscow Exchange to list bitcoin and Tether’s USDT in December R...
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The U.S.-sanctioned Moscow Exchange will list bitcoin and Tether’s USDT in December, aiming to recapture crypto trading volume that Russians currently conduct on offshore venues. The bourse is betting that demand for the two tokens, despite USDT’s issuer freezing wallets on the U.S. sanctions list, can be pulled back onshore. The listing matters because it tests whether a sanctioned Russian exchange can build domestic crypto liquidity while one of its flagship assets is controlled by a U.S.-regulated company. It also marks a further step in Russia’s push to formalize digital-asset trading under its own rules. What to watch next is the launch-day volumes and whether Tether’s freeze policy deters Russian traders or the exchange from expanding the lineup.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
Named in this story
Moscow Exchange, Tether, Bitcoin (BTC), United States
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