The Moscow Exchange (MOEX) is in the process of planning infrastructure that will allow companies to make initial coin offerings (ICOs). 8.

The exchange is reportedly involved in the development of basic infrastructure for companies to participate in ICOs and to publish token sales data. According to Alexander Afanasiev, CEO of Moscow, the exchange rate will not list tokens, but provides information about the responsibilities of token issuers, in addition to descriptions of certain tokens and ICOs to investors. He added:

"At the moment, we consider it from the point of view of fiat currencies because crypto bullets do not have the status of a legally protected asset. If they obtain that status , we will also put it into our system. "

In addition, the stock exchange wants to issue futures contracts for ICOs, provided that there is sufficient demand from investors. Afanasiev said that the stock market is currently conducting marketing research on potential interest in the products and what kind of futures specification it may be.

The Moscow Stock Exchange is the most important liquidity and price analysis center for Russian financial instruments. It deals with equities, bonds, derivatives, currencies, money market instruments and commodities, with a total trading volume of approximately $ 1.1 trillion per May 2018.

In May, the Russian Duma became the first lecture of new laws regulating the cryptocurrency industry. The laws define cryptocurrencies and tokens as property and set specifications for interaction with crypto and blockchain-related technologies.

Sberbank CIB, the investment bank arm of the major Russian bank Sberbank, and the National Settlement Depository, part of the Moscow stock exchange, announced plans to manage the country's first official ICO last month. The possible launch of the project is scheduled for the end of summer 2018.