Could you elaborate on the feasibility of 24 Exchange establishing a new National Securities Exchange? Given the current landscape of
cryptocurrency exchanges and traditional financial markets, what unique challenges and opportunities would this pose? Would it require significant regulatory approvals and compliance measures? How might it compete with established exchanges both domestically and internationally? Additionally, what impact could this have on investors, traders, and the broader financial ecosystem?
7 answers
SolitudeSeeker
Fri Jul 19 2024
Recently, the exchange has submitted an updated Form 1 application to the esteemed U.S. Securities and Exchange Commission (SEC).
HanjiArtistryCraftsmanshipMasterpiece
Fri Jul 19 2024
This application aims to secure a license for the establishment of a new national securities exchange.
KatanaSharp
Fri Jul 19 2024
With this move, 24 Exchange aims to enhance its market position and offer investors a regulated platform for trading diverse assets.
SsangyongSpiritedStrength
Fri Jul 19 2024
The SEC's approval process for new exchanges is rigorous and ensures that applicants adhere to stringent standards.
Bianca
Fri Jul 19 2024
24 Exchange, a platform catering to various asset classes, has initiated a significant regulatory step.