KCN ITS CRYPTOCURRENCY ON THE STOCK EXCHANGE SIX

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KCN ITS CRYPTOCURRENCY ON THE STOCK EXCHANGE SIX

The Swiss stock exchange Six is ​​working on creating its  cryptocurrency. SIX working on creating its own “stablecoin” – a cryptocurrency pegged to the Swiss franc – to facilitate transactions on the SIX Digital Exchange (SDX). SIX could not provide any further detail on whether the Swiss franc-backed coins would be for private use within SDX (like JPMorgan Chase’s feted JPM Coin) or exist publicly like the universe of stablecoins used to trade crypto on exchanges. Within SDX, a fiat-backed token could be used to help perform tasks such as atomic swaps of tokenized securities and other assets on the blockchain. About this story Coinbase portal in his article. Stay with us. The news release partner STEX.com.

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