CRYEX to establish crypto currency exchange and clearinghouse using turnkey solutions from Cinnober
A new start-up in digital currency, CRYEX, has made its entrance on the financial stage. The company announced recently that it has filed an application with the Swedish Financial Supervisory Authority (Finansinspektionen) to become a regulated clearing organization. They then intend to create a members-only European marketplace for trading FX, including digital currencies like bitcoin and other crypto currencies. Cinnober had announced this partnership earlier, but without names and details. CRYEX will provide a trusted gateway between traditional regulated financial industry players