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Switzerland Gives Green Light to Crypto Trading Exchange
Stock exchange SIX’s digital arm SDX will let investors, via regulated institutions, trade, settle and store digital tokens
SIX has been working on the digital exchange since 2018.
PHOTO: ARND WIEGMANN/REUTERS
Switzerland cleared the way Friday for more trading of bitcoin and other digital assets in the country by authorizing a new digital stock exchange.
Stock exchange SIX said its new SIX Digital Exchange, or SDX, will let investors, via regulated institutions, trade, settle and store digital tokens through one venue, underpinned by “the highest Swiss standards of oversight and regulation.” Financial regulation around cryptocurrencies and digital assets is a hodgepodge globally, with some countries welcoming the upstart industry and others seeking
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