Swiss Exchange SIX Formally Receives Approval To Launch Digital Token Exchange

Swiss Exchange SIX Formally Receives Approval To Launch Digital Token Exchange

Switzerland cleared the way for more bitcoin trading and other digital assets by authorizing a new digital stock exchange. Swiss Exchange, SIX Digital Exchange (SDX), now has the approval to launch a digital asset marketplace utilizing DLT. Related Reading | BBVA Switzerland Launches Crypto Wallet and Investment Offerings for Retail Investors The Exchange formally received the […]


Related News

SIX Swiss Exchange Receives Regulatory Approval to Launch Digital Asset Bourse

Switzerland’s stock exchange SIX has won regulatory approval to launch its long-awaited bourse for digital assets. This authorization enables the exchange “to go live with a fully regulated, integrated trading, settlement, and custody infrastructure based on distributed ledger technology for digital securities.” SIX Digital Exchange Greenlighted to Launch SIX Digital Exchange (SDX) announced Friday that it has formally obtained two licenses from the Swiss Financial Market Supervisory Authority (FINMA) “to operate a stock exchange and a central securities....

Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regula...

Binance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed. Binance Receives In-Principle Approval in Bahrain Crypto exchange Binance announced Monday that it has “received in-principle approval from the Central Bank of Bahrain (CBB) to establish itself as a crypto-asset service provider in the Kingdom of Bahrain.” The company....

Crypto Firm to Launch Polkadot ETP on Swiss Exchange SIX

21Shares AG, a Zurich-based investment provider, is launching what is being dubbed as the world’s first Polkadot exchange-traded product, or ETP. The DOT ETP will be listed on the Swiss exchange SIX on Thursday, February 4, said the company in a statement on Tuesday. DOT is the native token of the Polkadot network. DOT has since been added to 21Shares’ Crypto Basket ETP (HODL), which tracks five major assets including bitcoin (BTC) and ethereum (ETH). Since its addition on Jan. 29, DOT now accounts for 27% of the product behind BTC at 50%. Hany Rashwan, chief executive officer....

Swiss Exchange SIX granted approval to launch crypto marketplace

The Switzerland financial authority has today given the green-light for the launch of a digital asset marketplace utilising DLT. The Swiss Financial Market Supervisory Authority, or FINMA, have today announced their approval for regulated Swiss exchange SIX to launch a digital asset marketplace and central securities depository built on distributed ledger technology.Initially intent on launching in the latter half of 2019, regulatory hurdles slowed the exchange from progressing its ambitions. Although no specific date of launch was announced today, it is expected that after negotiating....

FINMA Grants Approval to Bitcoin Exchange ECUREX

Swiss-based cryptocurrency exchange platform ECUREX has announced via a press release that it has become the first such bitcoin exchange to be fully compliant with the Swiss Banking Act. The Swiss regulator, Financial Market Supervisory Authority (FINMA) released a letter after conducting an investigation which ran for sixteen months, stating that ECUREX's business model is compliant with the Swiss Banking Act. ECUREX has another prestigious achievement to its name; it is also the first bitcoin exchange compliant with the Swiss Anti-Money Laundering Act since April last year. These are....