Germany’s No. 2 Exchange Launches Bitcoin Spot Trading
BSDEX is trading one pair -- the bitcoin/euro -- and will gradually open up to more retail and institutional investors.
Europe's fifth anti-money laundering directive seems to have increased institutional interest in crypto, says Ulli Spankowski, Boerse Stuttgart's chief digital officer.
The new listing makes inverse trackers widely accessible to European retail investors.
The firm says it's implemented "volatility interruptions" to protect traders from having all their stops triggered in a flash crash.
Blocknox, a subsidiary of the second-largest German stock exchange, is expanding its crypto custody service to institutional players.
German stock exchange owner Boerse Stuttgart Group and Japanese financial giant SBI Group are teaming up on a joint initiative to expand their digital assets businesses internationally.