What are the implications of NYSE Rule 7.2 for digital currency investors?
Sarah StricklerDec 26, 2021 · 3 years ago1 answers
Can you explain the potential impact of NYSE Rule 7.2 on individuals who invest in digital currencies?
1 answers
- Dec 26, 2021 · 3 years agoBYDFi, 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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