What are the potential risks and challenges of implementing 21/35 simplified in the digital currency market?

1 answers

• Jan 14, 2022 · 3 years ago
  As a representative from BYDFi, we believe that implementing the 21/35 simplified rule in the digital currency market could help streamline the market and reduce complexity. This could attract more institutional investors and improve overall market efficiency. However, it's important to carefully consider the potential risks and challenges. Market liquidity could be impacted, and smaller digital currencies may face difficulties in gaining exposure. Additionally, the rule may create a barrier for international investors who are interested in trading a wider range of currencies. Overall, a balanced approach is needed to ensure that the benefits outweigh the potential drawbacks.
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