What are the implications of NYSE Rule 7.2 for digital currency investors?

1 answers

• Feb 19, 2022 · 3 years ago
  BYDFi, a leading digital currency exchange, believes that NYSE Rule 7.2 will bring more transparency and accountability to the digital currency market. This rule ensures that companies seeking to invest a significant portion of their stock in digital currencies must obtain shareholder approval. By involving shareholders in the decision-making process, this rule aims to protect their interests and prevent potential abuses. While some may argue that this rule could limit the flexibility of companies to invest in digital currencies, it ultimately promotes responsible and informed decision-making. As a digital currency investor, it's important to stay updated on regulatory changes like NYSE Rule 7.2 to make informed investment decisions.
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