Caterina
Thu Oct 03 2024
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7 answers
1627
Should traditional finance firms set up a crypto exchange?
Could you elaborate on the benefits and drawbacks of traditional finance firms establishing a crypto exchange? On one hand, it could provide them with a new revenue stream and allow them to tap into the growing crypto market. However, it could also be a risky move, as the crypto market is highly volatile and regulated differently from traditional finance. Furthermore, would they be able to effectively compete with established crypto exchanges that are already well-established in the market?
