Swiss exchange SIX has been granted a license to trade digital assets using distributed ledger technology (DLT). In detail, the Swiss Financial Market Supervisory Authority (FINMA) authorized SIX digital exchange (SDX) to trade securities, such as company shares and bonds, on a digital platform.
More so, this authorization enables SDX to go live with a fully regulated, integrated trading, settlement, and custody infrastructure. This is based on distributed ledger technology for digital securities. With these licenses, SDX can now offer the highest Swiss standards of oversight and regulation.
SIX’s global head of exchanges, Thomas Zeeb, says:
Source: Cryptocurrency - investing.com
