The Moscow Exchange is drafting a bill on trading digital financial assets and securities

BlockBeats news, September 24, according to Cointelegraph, the Moscow Exchange (MOEX) is drafting a bill aimed at allowing the trading of digital financial assets (DFA) as well as securities based on DFA. Sergei Shvetsov, head of MOEX's supervisory board, said the bill was currently under review by the Central Bank of Russia, Vedomosti reported. Sergei Shvetsov told a banking conference that the bill foresees DFA and DFA certificates being traded like securities. "The exchange and its subsidiaries will apply to the regulator and I hope they will be granted exchange operator status" to conduct DFA transactions. "If the law is passed, the Russian depository will be able to hold the DFA in its on-chain accounts - as soon as customers need the underlying assets, they redeem the voucher and receive the assets in their on-chain accounts."