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Swiss Stock Exchange Asks Central Bank to Issue Stablecoin

Published 06/26/2019, 11:59 AM
Updated 06/26/2019, 12:21 PM
Swiss Stock Exchange Asks Central Bank to Issue Stablecoin

Principal Swiss stock exchange SIX asked the country’s central bank to issue a stablecoin, local media SwissInfo reports on June 26

Per the report, the crypto asset would be used to settle payments on its new digital securities trading platform. The exchange reportedly announced during the Crypto Valley Association conference this week that users of its upcoming SDX platform will be able to swap fiat currency for a new stablecoin.

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