‘Forcing Bitcoin into the Regulated Environment’: Interview with Digital Securities Exchange
In the wake of Coinbase unveiling the US’s first licensed Bitcoin exchange, across the water in the UK, another operation is adopting a different, but no less official, approach.
Digital Securities Exchange, or DSX, is launching the country’s first trading platform to employ an accredited third party processor to run all its transactions. It has partnered with ePayments Systems Ltd, which is regulated by the UK Financial Conduct Authority (FCA).
“DSX has chosen to take an alternative approach by drawing parallels between e-money as an established and regulated product and digital currency,” the company stated in a press release issued last week regarding its launch.
The concept of blurring the treatment of e-money and digital currency may strike many as something which was perhaps inevitable as both areas m