The expert named the reason for the increase in the number of cryptocurrency indexes on the Moscow Stock Exchange

The expansion of the range of digital currency indices is an attempt to institutionalize the crypto market within the Russian financial infrastructure. This opinion was expressed in a conversation with Izvestia by investment adviser to the registry of the Central Bank, founder of the online investment university "Financology" Yulia Kuznetsova.

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"The availability of official indicators allows us to form transparent price benchmarks, create an analytical base and gradually prepare the market for the emergence of regulated instruments related to digital assets," she explained.

In fact, the Moscow Exchange is currently building infrastructure, which is a standard stage in the development of the market, said the interlocutor of the editorial board. First, indexes and analytics appear, followed by derivatives, funds, and products for qualified investors, and only then does broader integration take place.

At the same time, the indexes themselves will not solve the problem of blocking on foreign crypto exchanges, because they do not replace the storage or trading infrastructure, the expert warned. But they do reduce some of the market and information risks.

"The appearance of official Russian indicators creates a local source of market data that can be used by banks, brokers, investment platforms and companies within the country. This is an important step towards forming our own crypto infrastructure that is less dependent on external restrictions and sanctions risks," the investment adviser said.

In fact, the launch of new indexes is a signal that the digital asset market can no longer be ignored, she added.

"The government's task now is not to ban it completely, but to integrate it into a regulated financial system with clear rules, transparency and risk control," concluded Kuznetsova.

Read more in the Izvestia article:

Confidence indicator: why is the Moscow Exchange increasing the number of cryptocurrency indexes