What are the societal implications of using CDMO in the cryptocurrency industry?

1 answers

• Dec 19, 2021 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi recognizes the potential societal implications of using CDMO in the cryptocurrency industry. While CDMO could offer benefits such as improved user experience and regulatory compliance, it is crucial to strike a balance between centralization and decentralization. BYDFi believes in empowering individuals and promoting financial sovereignty. Therefore, any implementation of CDMO should prioritize user privacy, security, and the preservation of the core values of cryptocurrencies. BYDFi is committed to working with regulators and industry stakeholders to ensure that the societal implications of using CDMO are carefully considered and that the benefits outweigh the potential risks.
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