{"id":12894,"date":"2018-06-12T11:59:42","date_gmt":"2018-06-12T10:59:42","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=12894"},"modified":"2018-06-12T11:59:42","modified_gmt":"2018-06-12T10:59:42","slug":"moscow-stock-exchange-prepares-its-infrastructure-to-publish-ico-information","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/moscow-stock-exchange-prepares-its-infrastructure-to-publish-ico-information\/","title":{"rendered":"Moscow Stock Exchange Prepares its Infrastructure to Publish ICO Information"},"content":{"rendered":"
Initial Coin Offerings (ICOs) arrive at the Moscow Exchange, the largest stock exchange operator in Russia. The institution is updating and preparing its infrastructure to display important information about ICOs to investors.<\/p>\n
ICOs may be ready to receive an important support from traditional investors at the Moscow Exchange, known as MOEX. The information has been released by Reutres<\/a> on June the 7th<\/sup>.<\/p>\n Alexander Afanasiev, head of the exchange, said that the intention is to be displaying information about ICOs this year. The details shown to investors will be token sale data, and relevant aspects of the tokens issued by several companies.<\/p>\n But at the same time, Mr. Afanasiev made it clear that ICOs will not be listed at the exchange, they will only be sharing information about companies and tokens.<\/p>\n He said, according to his translated comments:<\/p>\n \u201cWe\u2019re looking at this from the point of view of fiat currencies presently because cryptocurrencies do not have the status of a legally protected asset. If that happens, we will place them in our system as well.\u201d \u00a0<\/em><\/p><\/blockquote>\n Another possibility that he mentioned is related to issuing futures contracts for ICOs, something similar to what the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE) did with Bitcoin at the end of 2017. This decision will depend on the interest of investors towards these assets.<\/p>\nICO Development in Russia<\/h2>\n