The Moscow Exchange also called MOEX is getting ready to bring new crypto futures to its trading system. This move will add Solana XRP and Tron to the list of digital assets that traders can follow and trade using futures. This comes after the exchange already added Bitcoin and Ether in the past.
These new futures will not involve owning real crypto. Instead they will be cash settled. This means traders will only get profit or loss in rubles based on price changes. No coins will be sent or received. This makes it easier for investors who want to take part without holding digital wallets.
Before these futures start trading MOEX will first create price indexes for Solana XRP and Tron. These indexes will show the value of each token. The futures will be based on these indexes. Russian law says that every futures contract must be tied to something real. In this case the index will be that base.
A senior manager from MOEX shared that this is how Bitcoin and Ether futures already work. The same model will now be used for the new tokens. All trades will be settled in rubles and only qualified investors will be allowed to join. This is part of the rules set by Russian regulators.
The goal of this move is to give investors more choice. Many people in Russia want to trade digital assets but do not want to deal with the risks of holding them directly. Futures let people take part in price moves in a safer and more simple way.
MOEX is also thinking about adding futures that have no end date for Bitcoin and Ether. These are called perpetual futures. With this type of contract traders do not have to worry about expiry. They can keep their position open as long as they want if they meet the rules. This kind of trading is very popular in the crypto world.
Russia is still working on its crypto rules. The government wants to control how people buy and sell digital assets. Lawmakers have talked about limits for how much retail users can buy. The central bank has also shared plans for how crypto trading should be handled in the country.
At the same time global events are also having an effect. Russia is facing many sanctions due to the ongoing conflict in Ukraine. These actions have affected many parts of the economy including crypto mining and crypto related business. Because of this the government is trying to build a system that allows local investors to use crypto tools while staying within the law.
MOEX is moving step by step. By using indexes and cash settled futures it can offer crypto exposure without breaking rules. This also keeps trading inside the country and in rubles.
For traders this brings new chances. Solana XRP and Tron are all popular digital assets. Many people follow their prices every day. Now these moves will also be available on the Moscow Exchange in a legal and simple way.
This shows that even with strict rules and global pressure Russia is still moving forward in the digital asset space. The exchange is trying to give people new ways to trade while keeping control and safety in place.
As more products are added MOEX could become a key place for crypto related trading inside the country. This may also bring more trust and more interest from investors who want to explore digital assets in a safe way.
#CryptoFutures #Solana #XRP #bitcoin