Reports state Crypto Trading to increase 50%

According to ICO advisory firm Satis Group – Crypto trading volume will grow 50% in 2019 and nurture at 9% CAGR [compound annual growth rate] through 2028. This may result in an increase in revenue for — rising as of $2.1 billion last year [2017] to well over $3 billion in 2019. However, to pass the regulatory hurdles as improvement in infrastructure is the need of the hour.

The report stats – While there is mostly a robust market for consumer trading and custody, these products do not always meet the needs of institutional investors, whose solutions must meet higher burdens relative to security and regulatory compliance.

Read more at cryptodaily

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SIX Group, considering cryptocurrency trading, go online by mid-2019

SIX Group, the parent company of the Swiss stock exchange, announced that it had been considering cryptocurrency trading on its upcoming platform, scheduled to go online by mid-2019. They are about to launch a fully-regulated form for digital assets, which will cover a wide range of services, including consulting for ICO projects.

“With the new service we will provide a safe environment for issuing and trading digital assets, and enable the tokenization of existing securities and non-bankable assets to make previously untradeable assets tradeable,”   SIX Group spokesman Stephan Meier explained in the interview with swissinfo.

Read more at fxstreet

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