2018-7-7 00:53 |
SIX, the firm that operates and owns the Swiss stock exchange, has announced plans to launch a fully regulated digital cryptocurrency exchange.
The new crypto exchange will be called SIX Digital Exchange (SDX), and it plans to rollout its services in mid-2019.
“The digital exchange will allow clients of SIX to trade, settle and custodize digital assets in the same way they currently do in the traditional world,” he said.
SIX CEO Jos Dijsselhof commented on why his company was building an exchange for cryptocurrencies despite the slump in prices.
The SDX will be regulated by the Swiss Financial Market Supervisory Authority (FINMA) and the Swiss National Bank.
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