Bitcoin

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<ul>
 <li>St. Petersburg Stock Exchange (SPB Exchange), Russia’s second-largest exchange, has stated that it could list a range of cryptocurrencies, including Bitcoin (BTC), if the government legalizes the sector.</li>
 <li>Goryunov emphasized that once there is a clear regulatory framework for working with digital currencies, the exchange would be the first platform for cryptocurrency trading in Russia.</li>
 <li>Chebeskov said that the government aims to revitalize the local financial market by utilizing the liquidity already present in decentralized finance.</li>
</ul>
<p><strong>The President of the St. Petersburg Stock Exchange, which is Russia’s second-largest exchange, stated that it would be the first exchange to list Bitcoin and cryptocurrencies.</strong></p>
<h2 id="strong-spb-exchange-considers-listing-bitcoin-strong"><strong>SPB Exchange Considers Listing Bitcoin</strong></h2>
<p><img decoding="async" loading="lazy" class="alignnone size-full wp-image-126554" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-55.webp?resize=696%2C392&amp;quality=70&amp;ssl=1" alt="bitcoin-btc" width="696" height="392" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-55.webp?w=1920&amp;quality=70&amp;ssl=1 1920w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-55.webp?resize=300%2C169&amp;quality=70&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-55.webp?resize=1024%2C576&amp;quality=70&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-55.webp?resize=768%2C432&amp;quality=70&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-55.webp?resize=1536%2C864&amp;quality=70&amp;ssl=1 1536w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-55.webp?resize=150%2C84&amp;quality=70&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-55.webp?resize=696%2C392&amp;quality=70&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-55.webp?resize=1068%2C601&amp;quality=70&amp;ssl=1 1068w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-55.webp?w=1392&amp;quality=70&amp;ssl=1 1392w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></p>
<p>St. Petersburg Stock Exchange (SPB Exchange), Russia’s second-largest exchange, has stated that it could list a range of cryptocurrencies, including Bitcoin (BTC), if the government legalizes the sector. According to a local news agency, SPB Exchange President Roman Goryunov mentioned that the worlds of crypto and traditional financial instruments would merge at some point.</p>
<p>Although no specific timeframe was mentioned, Goryunov emphasized that the exchange would become the first platform for cryptocurrency trading in Russia once there is a clear regulatory framework for working with digital currencies. Goryunov stated that they have been contemplating the exchange’s plans regarding cryptocurrencies for some time. He stated:</p>
<blockquote>
 <p>“We were on the verge of launching a cryptocurrency exchange in 2017, and we haven’t changed our minds since then.”</p>
</blockquote>
<p>As sanctions against Russia intensify, authorities are searching for new methods to attract capital to support the country’s economy.</p>
<h2 id="strong-russia-aims-to-revitalize-the-local-financial-market-strong"><strong>Russia Aims to Revitalize the Local Financial Market</strong></h2>
<p>In mid-September 2023, Ivan Chebeskov, a Russian Finance Ministry official, stated that the government aims to revitalize the local financial market by utilizing the liquidity already present in decentralized finance.</p>
<p>However, it remains uncertain how the Kremlin will pull off this move, as Russian President Vladimir Putin previously signed a law that almost banned crypto payments nationwide. This law continues to deter crypto-related companies from entering Russia.</p>
<p>For instance, CommEX, which took over Binance’s Russian branch, chose to register in Seychelles despite mostly focusing its services on the Russian market.</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://en.coinotag.com/russias-saint-petersburg-stock-exchange-announces-that-it-may-list-bitcoin/">Russia’s Saint Petersburg Stock Exchange Announces That It May List Bitcoin!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://en.coinotag.com">COINOTAG NEWS</a>.</p>
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Russia’s Saint Petersburg Stock Exchange Announces That It May List Bitcoin!

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