“Switzerland” Wants to Become “Crypto Nation”

in #bitcoin6 years ago (edited)

Hello Everyone,
I am sharing this blog to you after reading articles on the internet with proper studies. Earlier in this year the country’s economic minister, Johann Schneider-Ammann, said his country wants to become a “Crypto Nation.” In February, Finma published guidelines for ICO (initial coin offering) tokens.
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News from Swiss Stock Exchange

Now everyone is looking at Switzerland's main stock exchange. This made a great announcement a few days ago, where they are coming up with a new platform, where arrangements for trading, settlement and everything will be done.
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This news has been found from the reports of government employees who are working on sending crypto assets to the banking services.

Digital Exchange by SIX

SIX, operates with Switzerland’s principal stock exchange, announced on last Friday, it is going to be developed a new digital platform where they will provide a completely integrated trading, settlement and safe infrastructure.
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The SIX Exchange is going to create the platform named as the Swiss Digital Exchange (SDX).
The SIX exchange is under the authority of –
FINMA (swiss financial market supervisory authority)
Swiss National Bank.

SIX CEO‘Jos Dijsselhof’ commented in a press meeting -“This is the beginning of a new era for capital markets infrastructures. 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”.
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The company claims that – It will fill the gap between traditional financial services and digital communities.

SDX Will Trade Bitcoin Directly?

• Doesn’t mentioned about direct trading of any virtual currencies.
• SDX platform will be ready to launch within first half – next year.
• Will offer end to end trading platform.
• Will provide settlement.
• Will provide custody service for Bitcoin.
• They will also provide custody services for ICO tokens.
• Will be focused on Blockchain distributed ledger tech.

Steemians, What do you think?

  • Will Switzerland become a Crypto-Nation?
  • In reality SIX launching a digital exchange?
  • Will they start trading in Bitcoin soon?

"Let me know in the comments section below."

News Source - https://news.bitcoin.com/
Image Sources- @GOOGLE

@somenath30

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When your india gov was move in positive qay of cryptocurrency in india

Bondhu amai o tumi follow back koro amar stewm it account

That is differance between developing country like India and a developed one.

Thanks for sharing

Nice blog somu,

And attraction you made fantastic.

thank you bro, keep following and supporting me.

Sure, I will always with you

Good
Countries understanding power of crypto

Even every nation need to support crypto market.

hoping after attending next G-20 summit India will legalize crypto.

The economic stability will gradually increase in the country

No one can stop Crypto evolutoin...

yes, I think Switzerland might be a Cyppto-Nation

Rbi ban but postive news coming hope

Good Bank for crypto

Iam sure Indian government will learn something from these trending crypto news.

i think that so, hope our govt will regularize soon.

@somenath30 bus bro sab legalization country hone lagi he India baki he....

Switzerland is a nice place n have flexible rules

even Australia wants the same.

its great news ...i hope india will also support crypto!!!

im hoping that too, waiting for the good news.

That's cool when swiz become crypo capital

they will very shortly - i think that so.

wow .. !! I hope our Indian govt. want to see how other countries doing it

our govt. should follow rest of the world.

Yes, switzerland can become big nation

Our India should be one of them

Good for crypto lovers

crypto is future for sure..

nice article

@somenath30 now world is moving to Crypto and India should allow crypto and make one step forward towards Crypto-Currency!

i hope India will do something great, waiting for the time from a long time.

That's the reason why countries like this are rich and our one is poor.

That's the reason why
Countries like this are rich and
Our one is poor.

                 - ajaym0010


I'm a bot. I detect haiku.

it is part of swiss bank ?

informational blog

And our India banned lol just want to laugh at our government sometimes

India didn't banned bro - they have only paused banking transactions. hope they will regularize soon.

Nice information bro..

All progressive country are adopting blockchain technology

Everyone would like to adapt it soon.

like always
this one is the bigger step towards innovation and implementation