The Swiss Stock Exchange to launch its own Cryptocurrency Exchange

On Friday, SIX - company owning and operating Swiss Stock Exchange made an announcement of planning to launch a Cryptocurrency
Exchange - SIX Digital Exchange, which will be fully regulated. This shows their consistent interest in the crypto space.

The company announced that the new SIX Digital Exchange will be governed by the Swiss National bank and Swiss regulator FINMA.
Switzerland is considered to be one of the most crypto-friendly countries in the world.

The current crypto-market trend is all bearish with the most prominent cryptocurrency, Bitcoin, collapsing from a huge $20K to a mere
$6K recently and this decision of SIX rises amidst this down signs, which certainly shows their concrete belief in the cryptocurrencies. To
this, the CEO of SIX cited:

"This is the beginning of a new era for capital markets infrastructures," Jos Dijsselhof, the CEO of SIX said in a statement. "For us, it is
abundantly clear that much of what is going on in the digital space is here to stay and will define the future of our industry."

Click here to read the full article.