As of today, the newly launched Boerse Stuttgart Digital Exchange (BSDEX) is available to select users in Germany.
Fully regulated under the German Banking Act
In a Sept. 23 press release, the Boerse Stuttgart Group — Germany’s second-largest stock exchange — announced that trading has started on its newly launched digital asset exchange platform, Boerse Stuttgart Digital Exchange (BSDEX).
The exchange, which is regulated under the German Banking Act, will initially allow users to trade the euro/Bitcoin (BTC) pair.
BSDEX is currently available to a select group of German investors only, but will gradually open up its trading venue to other retail and institutional investors, eventually followed by the entire European Union, the exchange noted. Dr. Dirk Sturz, the CEO at BSDEX added:
Boerse Stuttgart has also partnered with an external banking partner, SolarisBank AG, which will process euro payments and provide fiat custodial services.
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