Bulgarian Stock Exchange Lists ETN Based on Bitcoin and Ethere | Best Crypto Traders Official

Bulgarian Stock Exchange Lists ETN Based on Bitcoin and Ethereum.

The press release states that the BSE has followed the lead of European exchanges. The initiative is being implemented jointly with Deutsche Börse and market maker Tradegate.
ETN is compliant and will allow customers to invest in cryptocurrencies without the need to create and store keys. The instruments are denominated in euro. Trades are held during the regular session on the BSE.
“We are responding to the increased market interest in crypto-instruments,” explained the head of the exchange, Manyu Moravenov.
According to the publication, Finance Minister Assen Vassilev said earlier that the country is exploring options for introducing a crypto payment mechanism “in the short and medium term.” The issue is being discussed with the Central Bank of the country and representatives of the industry.