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It was last month when Nasdaq, the world’s second-largest stock exchange with a $9 trillion market cap, announced that it would be open to launching a cryptocurrency exchange in the future as the regulatory environment evolves.
Within less than a month, the first cryptocurrency exchange powered by NASDAQ will be introduced next month. Though there are a huge number of players on the market, a new exchange called DX.Exchange will be quite a different player.
The new cryptocurrency exchange combines Nasdaq trading engines along with its own in-house technology and allows institutions and individuals to purchase cryptocurrencies with fiat, trade cryptocurrencies, and convert crypto back to fiat.
DX Exchange CEO Daniel Skowronski, told Finance Magnates,
“The advantage of this cooperation is threefold: the brand name, the technology and the regulations,”
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