BX Digital, a subsidiary of the Stuttgart Stock Exchange, has been approved to operate digital asset trading business
according to CoinDesk, BX Digital, a subsidiary of the Stuttgart Stock Exchange in Germany, has been approved by the Swiss Financial Market Supervisory Authority (FINMA) to operate a digital asset trading and settlement platform, becoming the first institution in Switzerland to receive such a license.
Based in Zurich, the company will operate trading facilities using distributed ledger technology (DLT) to streamline the trading process for tokenized financial instruments. BX Digital will use the Ethereum blockchain to facilitate direct asset transfers, without the need for intermediaries such as central securities depositories.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why Strategic Reserves Matter in Global Power
Senator Lummis says strategic reserves offer a key geopolitical edge. Here's why they're critical for national security.The U.S. Strategy and Global ImplicationsStrategic Reserves: The New Front Line in Power Politics
Brett Steadies, Keyboard Cat Struggles, But Troller Cat Presale Sends Shockwaves: Don’t Miss the Best New Meme Coins to Buy Today
Discover why Troller Cat leads the "Best New Meme Coins to Buy Today" as its presale gains momentum, outshining Keyboard Cat and Brett.Stage 6 Eruption: Why Troller Cat Presale Is Dominating Meme Coin BuzzBrett Climbs 5% as Volume Jumps Nearly 42% Amid Growing Holder BaseKeyboard Cat Dips Nearly 10% as Volume and Market Cap Slide TogetherConclusion: One Presale Is Leading the Way in 2025
ELDEUSDT now launched for futures trading and trading bots
Gloria AI debuts on AI Shark Tank with focus on autonomous agents
Trending news
MoreCrypto prices
More
