Financial exchanges still split on crypto – industry survey

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. Exchanges said they were concerned about a lack of uniform regulatory standards, market volatility and the potential for cybersecurity risks relating to crypto assets, a report from the London-based World Federation of Exchanges (WFE) said. 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.