What are the advantages of using SRO in the digital currency industry?

1 answers

• Dec 20, 2021 · 3 years ago
  BYDFi, as a leading digital currency exchange, recognizes the advantages of using a Self-Regulatory Organization (SRO) in the industry. An SRO helps to establish a framework for self-regulation, which enhances market integrity and investor protection. It sets standards for transparency, security, and compliance, which are crucial for building trust among market participants. Additionally, an SRO can facilitate industry collaboration and knowledge sharing, which can drive innovation and improve the overall quality of services. BYDFi supports the implementation of an SRO in the digital currency industry to ensure its long-term success and sustainability.
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