SIX, the company that owns and operates the Swiss stock exchange, on Friday announced plans to launch a fully regulated cryptocurrency exchange, showing continued institutional interest in the space despite declining prices.
The new SIX Digital Exchange will be overseen by the Swiss national bank and Swiss regulator FINMA, the company said. Switzerland has been one of the most crypto-friendly jurisdictions in Europe, with regulators offering clear guidance on how they expect crypto companies to operate.
The Swiss stock exchange is launching its own cryptocurrency exchange
