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Moscow Exchange Adds XRP Perpetual Futures to Its Platform

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Russia's Moscow Exchange is set to launch perpetual futures contracts on five cryptocurrency indices starting September 22, with XRP being one of the selected assets.

The new instruments are described as 'settlement one-day futures contracts with auto-prolongation,' and will be cash-settled in rubles. This means that investors won't need to worry about custody or cross-border asset transfer complexity.

This move carries significant institutional weight, as the Moscow Exchange is Russia's largest exchange and a central hub of its regulated financial system.

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