The Moscow Exchange (MOEX) is preparing infrastructure that will allow companies to conduct initial coin offerings (ICOs), which it expects to launch this year, Reuters reported June 8.
The exchange is reportedly working on the development of basic infrastructure for companies to participate in ICOs and publish token sale data. According to Moscow Exchange CEO Alexander Afanasiev, the exchange will not list tokens, but provide information about the responsibilities of token issuers, in addition to descriptions of certain tokens and ICOs to investors. He added: