How does the MSFTA agreement affect the trading volume of digital currencies?

1 answers

• Dec 15, 2021 · 3 years ago
  At BYDFi, we believe that the MSFTA agreement can have a positive effect on the trading volume of digital currencies. Microsoft's partnership with financial services companies can create new opportunities for the integration of digital currencies into mainstream financial systems. This increased integration can lead to higher trading volumes as more investors and institutions gain access to digital currencies through trusted platforms. Additionally, Microsoft's involvement can also improve the overall perception and trust in digital currencies, attracting more participants to the market. However, it's important to note that the trading volume of digital currencies is influenced by various factors, and the MSFTA agreement is just one piece of the puzzle.
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