๐ท๐บ The Moscow Exchange has signaled its readiness to launch cryptocurrency futures. The chairman, Viktor Zhidkov, indicated that such a decision is only possible with the legalization of transactions involving digital assets in Russia.
Zhidkov noted that progress cannot be ignored; however, the introduction of new products related to cryptocurrency currently seems premature. He emphasized that futures can only be issued on assets that are already actively traded in the market. With cryptocurrency, there are certain doubts due to its volatility and the lack of a stable cash flow compared to stocks and bonds, which is concerning.
๐โโ๏ธ The situation feels like a dilemmaโwanting it and yet hesitating. Indeed, it is necessary for the Central Bank to make a statement that international trade is possibleโonly then will cryptocurrencies receive the green light! Meanwhile, futures for familiar commodities like sugar, gold, coffee, and even orange juice are already available on the exchange!
However, it seems that something more is required for cryptocurrency. What do you think?