Giulia
Tue Oct 01 2024
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7 answers
1181
What is the wash trade rule?
Could you please explain what the wash trade rule entails? I'm trying to get a better understanding of the regulations surrounding cryptocurrency transactions and how they differ from traditional financial markets. Specifically, I'm curious about how the wash trade rule applies to digital assets and whether there are any penalties for violating this rule. Additionally, I'm wondering if there are any best practices or strategies that traders can follow to ensure compliance with this rule. Any insights you can provide would be greatly appreciated.
