effects as the systemic absence of clearness is having on the market…Etoro Vs Interactive Brokers Reddit… so to begin with there are no liquidity problems you get some you lose some uh for instance bitstamp simply announced 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 however in general right now there is no worldwide regulatory requirement on how to deal with cryptocurrencies for instance the most rigid and strict regulative structure for cryptocurrencies at the moment most comprehensive is probably in the country of japan which’s controlled by an entity called the fsa and there you have to go through an extensive procedure and the foundation dealing with the fsa i went through i think 3 various 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 more and more exchanges are taking it up and liquidity is enhancing that area coinbase was likewise an extremely hard process from my
comprehending to go through and a lot of oversight there and there are of course active conversations with other u.s liquidity companies that said it’s not actually clear what is what for example in the united states there’s presently a claim versus xrp where the u.s federal government is asserting that xrp is a security in japan it’s being dealt with as a as a currency and it’s white noted and there’s a lot of
commercial activity of xrp in japan sbi and others are big boosters in that ecosystem so despite the fact that liquidity is incredibly Etoro Vs Interactive Brokers Reddit. limited in the u.s ripple is still in the leading ten has a lot of trading so uh the 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 meaningful file discussing how they go about 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 large exchanges we actually uh allow them access to our internal developers slack so they can straight connect with designers when they have requests like utxo fragmentation issues or other such things on our side we had no indicator of this from and it’s rather unfortunate that
nothing was sent our method because we at least might have much better comprehended their reasons and will of course connect on our side to better understand reasons however it’s mostly the structure’s duty here it has no significant influence on the liquidity of ada there’s billions of dollars of turn-around every day or any other element it was a fairly little trading market however you understand this is just the nature of the video game liquidity comes and goes some people like it some individuals don’t because they don’t get adequate volume or consumer interest and after that certainly everybody has various regulatory thresholds if you’re a european entity with primary european consumers you usually restrict your u.s direct exposure