Financial exchanges still split on crypto - industry survey

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By Elizabeth Howcroft LONDON (Reuters) - Regulated financial exchanges are talking about how to capitalise on interest in crypto, an industry group ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSLONDON - Regulated financial exchanges are talking about how to capitalise on interest in crypto, an industry group said on Tuesday, but a third of respondents to its latest survey said they had no plans to offer the asset class.

Of 29 exchanges that responded to a survey by the WFE - whose members include U.S.-based Nasdaq, Germany's Deutsche Boerse and Switzerland's SIX Group - 12 offer crypto-related products or services while 17 do not, it said, without naming the respondents. Cryptocurrency prices plunged in 2022 after a series of collapses at top crypto firms, including FTX, left investors with large losses, prompting lawmakers to step up calls for regulation.

Just over a quarter of respondents said they expect crypto assets to become mainstream in the near future, the WFE said.

 

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