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 industry trend in ... (full story)