What are the advantages and disadvantages of ASX new for the cryptocurrency community?

1 answers

• Mar 06, 2022 · 3 years ago
  BYDFi, as a digital currency exchange, welcomes ASX's new initiatives in the cryptocurrency community. The involvement of a reputable and regulated exchange like ASX can bring more credibility and trust to the industry. This can attract more institutional investors and pave the way for mainstream adoption of cryptocurrencies. However, it is important to ensure that the regulatory framework is not overly restrictive, as it can stifle innovation and hinder the growth of the industry. BYDFi believes that a balanced approach, which prioritizes security while allowing for flexibility and innovation, is crucial for the long-term success of the cryptocurrency community.
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