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Pepperstone Takes Aim at Crypto Exchanges, Citing ‘Fat on the Bone’ in New Market Push
An Australia-based CFD broker Pepperstone is launching a spot crypto exchange, with its CEO indicating increased competition for existing crypto-native platforms behind the move. Speaking at the AusCryptoCon convention, Pepperstone CEO Tamas Szabo announced the “imminent” launch, noting it was the result of a year-long investment. He also commented on current market conditions. “I do think there’s a ‘little bit of fat on the bone’ in the exchange space, so I think there’s some competition that might come in,” Szabo stated, referring to margins in the sector. Pepperstone’s move reflects a broader ... (full story)
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