Swiss Stock Market to Launch Pro Infrastructure Cryptocurrency Exchangewritten by Bella Palmer
The investment community is firmly split down the middle into those that have been investing online in
The latter group could be forgiven for coming to the conclusion that hedge was not going to pay off as prices slid over the past few months.
The exact nature of the future
“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. The financial industry now needs to bridge the gap between traditional financial services and digital communities.”
Switzerland’s financial sector, and regulator, has adopted a pro-active approach to the rise of
Institutional investors moving into the market is considered the next major step the
The exchange is expected to be in a position to offer the first tranche of services by early next year and the platform is, fittingly, being built on Blockchain technology. Switzerland has obviously adopted a strategy of trying to steal a march on other global financial centres when it comes to cryptocurrencies and positioning itself as an early market leader. That doesn’t of course mean the cryptocurrencies will definitely become an established mainstream asset class but is a positive sign for those who have already invested in them.
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