The German stock exchange Boerse Stuttgart Group will launch its own end-to-end infrastructure for cryptos in Q1, 2019, the official press release states.
Founded in 1860, Boerse Stuttgart Group is considered to be the second largest stock exchange in Germany.
The exchange is developing the crypto-related trading platform with German fintech company — solarisBank.
“In addition, solarisBank will provide the required crypto trading banking services to Boerse Stuttgart Group,” the announcement states.
The head of solarisBank, Roland Folz, states Boerse Stuttgart Group and solarisBank share the ambition to shape the future of the financial industry.
Among cryptocurrencies which would be listed on the upcoming cryptocurrency platform confirmed bitcoin (BTC) and ethereum (ETH). As soon as its ICO platform, which is also in the development, goes live it will offer more tokens.
Germany is loyal to crypto industry since the Government of Germany said in a response to a parliamentary inquiry posed by right-wing political party Alternative for Germany, that “cryptocurrencies take up too small an amount of market cap to make any sort of special regulatory action necessary.”
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