“The crypto spot market is really dominated by players which do not really fulfill the very high requirements of a regulated participant,” CEO David Riegelnig said in an interview. “Primarily, the mix of functions that so-called crypto exchanges typically do, which makes them much more of a broker than actual exchange, was what triggered us to start rolling out Rulematch.”
Source: https://www.coindesk.com/business/2023/12/14/rulematch-a-swiss-crypto-exchange-for-banks-goes-live-with-spains-bbva/?utm_medium=referral&utm_source=rss&utm_campaign=headlines