Big news for bitcoin and crypto currency

[coin-investor]

Switzerland’s stock exchange – owned and managed by SIX – has announced its intention to begin offering crypto-specific markets in the very near future. The new SIX Digital Exchange, SDX for short, is – will be fully regulated by authorities in its native country, and backed by the Swiss National Bank, in the same way as its main exchange.

That's good news for the community, as long as the service or program is approved of the country where it is located and it is compliant with the law, it makes the cryptocurrency legit to the eyes of the authority, we need more countries doing this, there's been a lot of restrictions about trading cryptocurrency in some countries and this is a welcome news for the community.

[Dmitry.Vastov]

Switzerland’s stock exchange – owned and managed by SIX – has announced its intention to begin offering crypto-specific markets in the very near future. The new SIX Digital Exchange, SDX for short, is – will be fully regulated by authorities in its native country, and backed by the Swiss National Bank, in the same way as its main exchange.

This is a very good news seriously that one more country is now thinking of being into bitcoin and I think everyone will just wants to be into bitcoin, once they will understand the fate and potential of bitcoin and the countries who has legalised it are the witness of this thing that how the bitcoin is beneficial for their country like it has helped millions of people in finding their jobs and earning their livelihood and moreover there is a boost in the development of their nation also and I am sure that one by one bitcoin will be declared as a central currency globally.

[leoric251]

This is a great and big news! This will surely help the cryptocurrency market recover

[Carlos Caprio]

Undeniably, the media can make the popularity of bitcoin and cryptocurrency increase rapidly, but the media can also make bitcoin fall when the downside is exaggerated. When the economic media from Wallstreet reported bitcoin, positive sentiment emerged and bitcoin prices rose. But when a country issues a regulation prohibiting bitcoin in its country, bitcoin prices decline. This is an example of the impact of a news.

[Osakrita]

We have a lot of good news for the future of bitcoins and cryptos in general, but the constant drop in prices has not been very encouraging for investors, only those with high risk/reward appetite are trying to enter the market at the moment

[ghfgdasfaw]

Many countries have now adopted bitcoin as a currency, many still do not know how to treat it, recently, South Korea has accepted bitcoin, so this trend is developing.

[gamechangers]

Awesome news. It is heartwarming to see the rate at which countries are beginning to support cryptocurrency. This is enough proof that more cryptocurrency friendly countries will join the support and I hope we would see the impact of this development on the price of cryptocurrencies.

[IamKnowledge]

This is amazing! It is always a motivation to hear such wonderful news about cryptocurrencies. We all espect the currency to rise, right? It will but it is gonna take time. Let us be patient because our investments are safe. We are on the right investment platform.

[Gotomoon]

This is amazing! It is always a motivation to hear such wonderful news about cryptocurrencies. We all espect the currency to rise, right? It will but it is gonna take time. Let us be patient because our investments are safe. We are on the right investment platform.

Yes true, once good news comes a tendency for the price to pump. The market seems not yet fully recovered but when people will truly believes in bitcoin somehow they will hold. This good news could help in crypto to survive and can lead to increase of value.

[Willie_Linder]

Now we have the Swiss backing us. It is just awesome. Those people know everything about banking. They build a very sophisticated banking system. Many people have their money in Swiss banks. If they jump into crypto, it means that it is good. Believe me, the Swiss do not do stupid things. When it comes to banking and investment, they know it all. It is a really good news for the blockchain system. I hope this will boost the market as well.

[raging-creeper]

Great news that the Swiss are on board.  People trust the Swiss bankers so them opening their doors is a huge vote of confidence for Bitcoin.  No way would the Swiss bankers tarnish their good name if Bitcoin was not the up and coming new currency. 

[MiukoOk]

On CNBC's Fast Money program last week, host Melissa Lee described the narrow channel between $ 6,000 and $ 7,000 as Bitcoin's atonement. Lead author of Susquehanna International Group's Digital Money Team, Bart Smith said that "bitcoin is in review mode". He believes that investors are finding solid evidence that the market is growing before entering into position, so the price increase sparse and bitcoin trading volume decreased.

[indoagung88]

Thank you for the news and news that you share. hopefully it will bring benefits, of course attracting investors' attention on cryptocurrency to be more enthusiastic. I hope the banks of other countries can follow like the Swiss banks.

[crypteris]

The news sounds amazing, but I think we should wait until we see confirmation of our expectations. But I suppose that this will have a very positive impact on the price.

[angelakrasnova]

this is very good news for the crypto world! I really like that the Swiss are developing very actively in the crypto market! this country allows people and companies to freely and easily develop! The state began supporting the crypto industry, and it's very good!

[bajingluncat]

good news hopefully it is not just a discourse or an issue that is just to calm the market, I really hope this crypto can be aligned with other investments such as stocks because I believe cripto can compete fairly and provide many benefits, if there should be government intervention cripto can be used as a legal investment, I think I will approve it as long as the rules are applied, it is not restrained or has a ramble, like official banking regulations in my country, although not all investors will agree because they for various reasons want their identities to be officially detected and they do not want to be touched by taxes which certainly will reduce their income, but whatever this is good news hopefully it can be a good start too

[renhecy]

Swiss banks have long been interested in crypto money. This is not surprising if we think that the country is standing by its bank revenues. they hope me to see the future on the crypto.

[pangitkaayo]

This is great news, thanks for this, i hope more and more countries will adopt cryptocurrency, hoping i will hear a lot of news like this, it brings positivity and making bitcoin more stronger. Nice job switzerland.

[Sama517]

Switzerland’s stock exchange – owned and managed by SIX – has announced its intention to begin offering crypto-specific markets in the very near future. The new SIX Digital Exchange, SDX for short, is – will be fully regulated by authorities in its native country, and backed by the Swiss National Bank, in the same way as its main exchange.

This is indeed a very big news for cryptocurrency as Switzerland is now getting fully involved in crypto. This can get more countries in Europe to start using crypto officially.

[Lizzyflower]

Many good proposals for Cryprocurrency. I expect much more support in the near future. Just when you think "is crypto dying" and another major support just roll out. Stay tune.