SIX Swiss Exchange Receives Regulatory Approval to Launch Digital Asset Bourse

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....


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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....

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