Moscow Exchange Launches New Crypto Indexes for Popular Altcoins

Russia's financial sector is taking steps to increase its presence in the cryptocurrency market by launching new indexes tracking popular altcoins.

The Moscow Exchange, Russia's largest securities exchange, has announced plans to launch four new indexes: SOL, XRP, TRX, and BNB. These indexes will be calculated using data from major exchanges such as Binance (50%), Bybit (20%), OKX (15%), and Bitget (15%).

This move marks a significant step for Russia's financial sector in the cryptocurrency market.