[ad_1]
Lapatilla
SIX Swiss Exchange, The Company, the owner and operator of the stock exchange Switzerland, announced Friday its plan to launch a fully regulated cryptocurrency exchange showing an institutional interest in the sector despite falling prices.
By Oscar Williams-Grut in Business Insider | The new SIX Digital Exchange will be supervised by the Swiss National Bank and the Swiss FINMA regulator, the company said. Switzerland has been one of the most favorable jurisdictions for cryptocurrencies in Europe, with regulators offering clear advice on how they expect cripto companies to operate.
SIX has decided to launch a cryptocurrency trading house with the collapse of its value and lower volumes since the beginning of the year. Bitcoin, the largest crypto asset per market value, has gone from $ 20,000 at the beginning of the year to just over $ 6,600 on Thursday.
"This is the beginning of a new era for capital market infrastructures," said Jos Dijsselhof, CEO of SIX, in a statement. "For us, it is clear that much of what is happening in the digital space is here to stay and will define the future of our industry."
Investors and entrepreneurs in the sector say that institutional investors are preparing the necessary infrastructure to enter, establish trading accounts and in-camera custody solutions. One of them described the wave of activity as "preparation for September", referring to a month usually associated with high volumes of operations after summer.
The new SIX platform, which is scheduled to start in the first half of the year. next year, it will offer comprehensive trading, settlement and custody services for digital assets such as bitcoin and ICO tokens.
Thomas Zeeb, Head of SIX Securities and Exchange, said: Key challenges. This includes the lack of regulations guaranteeing the security, protection, stability, transparency and accountability of public servants, which contributes to lack of trust. "
Zeeb emphasized the custody of the property Digital is a key issue and says that SIX would solve this problem as a" recognized and regulated infrastructure provider that provides all the steps of the chain in an integrated and secure. "
[ad_2]
Source link
