What are the implications of the repeal of Glass-Steagall for the digital currency market?

1 answers

• Mar 19, 2022 · 3 years ago
  As a leading digital currency exchange, BYDFi believes that the repeal of Glass-Steagall will have a positive impact on the digital currency market. It will attract more institutional investors and traditional financial institutions to enter the market, which will increase liquidity and stability. This will also lead to greater recognition and acceptance of digital currencies as a legitimate asset class. However, it is important to strike a balance between innovation and regulation. Strong regulatory oversight is necessary to prevent fraud, protect investors, and maintain market integrity. BYDFi is committed to working with regulators to create a safe and transparent digital currency market.
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