What challenges does the Six Swiss Market Data Agreement pose for cryptocurrency startups?

1 answers

• Dec 26, 2021 · 3 years ago
  As a representative of BYDFi, I can say that the Six Swiss Market Data Agreement presents some challenges for cryptocurrency startups. The agreement requires startups to comply with strict data access regulations, which can be time-consuming and costly. Startups need to ensure that they have the necessary infrastructure and resources to meet these requirements. Additionally, the agreement may limit the availability of market data for startups, as they may not have access to certain data sources or may have to pay high fees to obtain the data. This can hinder their ability to make informed trading decisions and compete with larger players in the market. However, with the right strategies and partnerships, startups can overcome these challenges and thrive in the cryptocurrency industry.
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