Is Russia set on getting ahead of the United States?
His unusual moves are quite intriguing.
Russia's largest stock exchange, the Moscow Exchange launched perpetual futures starting September 22.
Only five assets, though.
But take a look at the margin requirements, Pretty fascinating.
Bitcoin: 22%
Tron: 30%
Ethereum: 35%
Solana: 38%
Ripple: Native 43% - The highest among the five.
This means the exchange sees XRP as the asset most likely to swing the most. But what’s even more worth digging into is that this isn’t just about one product.
In August, Putin signed Russia’s first comprehensive cryptocurrency regulation law.
The new system kicked off on September 1. It involves creating exchanges and digital depositories to bring crypto into the existing financial markets.
And this week, the Russian government called major banks to the table. Of course, it’s not full liberalization.
Even so, the direction is clear. Rather than eliminating it, they’re folding it into controllable financial infrastructure.
While the U.S. debates regulation and institutionalization,
Russia has already started laying the tracks. And among those five slots, $XRP is sitting in the spot with the biggest margin requirement.
Is this about opening up the financial markets?
Or preparing the next system first
for cross-border payments and remittance settlements?
His unusual moves are quite intriguing.
Russia's largest stock exchange, the Moscow Exchange launched perpetual futures starting September 22.
Only five assets, though.
But take a look at the margin requirements, Pretty fascinating.
Bitcoin: 22%
Tron: 30%
Ethereum: 35%
Solana: 38%
Ripple: Native 43% - The highest among the five.
This means the exchange sees XRP as the asset most likely to swing the most. But what’s even more worth digging into is that this isn’t just about one product.
In August, Putin signed Russia’s first comprehensive cryptocurrency regulation law.
The new system kicked off on September 1. It involves creating exchanges and digital depositories to bring crypto into the existing financial markets.
And this week, the Russian government called major banks to the table. Of course, it’s not full liberalization.
Even so, the direction is clear. Rather than eliminating it, they’re folding it into controllable financial infrastructure.
While the U.S. debates regulation and institutionalization,
Russia has already started laying the tracks. And among those five slots, $XRP is sitting in the spot with the biggest margin requirement.
Is this about opening up the financial markets?
Or preparing the next system first
for cross-border payments and remittance settlements?