effects as the systemic lack of clearness is having on the market…Etoro Swap Fees… so first off there are no liquidity issues you get some you lose some uh for example bitstamp just revealed that they’re noting ada and it’s a much larger exchange by volume than is for cryptocurrencies especially in these
trading sets so some enter some leave but in general today there is no worldwide regulatory standard on how to deal with cryptocurrencies for example the most rigid and strict regulative structure for cryptocurrencies at the moment most detailed is probably in the nation of japan and that’s regulated by an entity called the fsa and there you need to go through an exhaustive process and the foundation working with the fsa i went through i believe three different applications and over a half million pages of due diligence over a multi-year process to get ada whitelisted in japan and now it’s trading there and increasingly more exchanges are taking it up and liquidity is enhancing that location coinbase was likewise an extremely hard procedure from my
understanding to go through and a great deal of oversight there and there are of course active discussions with other u.s liquidity suppliers that said it’s not actually clear what is what for example in the united states there’s currently a suit against xrp where the u.s government is asserting that xrp is a security in japan it’s being treated as a as a currency and it’s white noted and there’s a lot of
business activity of xrp in japan sbi and others are big boosters because community so despite the fact that liquidity is incredibly Etoro Swap Fees. restricted in the u.s ripple is still in the leading 10 has a great deal of trading so uh the very best you can do in these things is browse this on a case-by-case basis on an exchange-by-exchange basis [Music] i would hope that the structure publishes a coherent document discussing how they tackle this process and what they do we work
with them on a technical basis so when there are technical questions about cardano when there are things that require to be done like the rosetta user interfaces or the graphql interfaces or the deprecated rest apis we do that we definitely respond to a great deal of questions from exchanges and for certain big exchanges we actually uh allow them access to our internal developers slack so they can directly connect with designers when they have demands like utxo fragmentation issues or other such things on our side we had no indication of this from and it’s rather unfortunate that
absolutely nothing was sent our method since we at least might have much better understood their reasons and will naturally reach out on our side to better comprehend factors but it’s mostly the structure’s obligation here it has no significant influence on the liquidity of ada there’s billions of dollars of turn-around every day or any other aspect it was a fairly small trading market however you know this is simply the nature of the video game liquidity reoccurs some individuals like it some people don’t due to the fact that they do not get sufficient volume or client interest and then undoubtedly everyone has various regulatory limits if you’re a european entity with principal european clients you typically limit your u.s direct exposure