Daniele
Wed Jul 10 2024
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7 answers
1518
Do regulated crypto exchanges have wash trading?
In the realm of cryptocurrency and finance, a question often arises regarding the existence of wash trading in regulated crypto exchanges. Wash trading, by definition, involves the artificial inflation of trading volume through the buying and selling of assets by the same party or parties without the intention of transferring ownership. Given the increasing scrutiny and regulation of cryptocurrency exchanges, does this practice still persist in these regulated platforms? Are there sufficient safeguards and monitoring mechanisms to detect and prevent such behavior? Or are there loopholes that allow for wash trading to occur undetected, potentially impacting the integrity of the market?
Bianca
Fri Jun 07 2024
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5 answers
1248
Is Usdt legal in the UAE?｜. You can buy, sell, and hold it using regulated crypto exchanges, watched over by the Abu Dhabi Global Market (ADGM). Tether (USDT) is allowed in the United Arab Emirates
Could you please elaborate on the legality of USDT in the United Arab Emirates? Is it permissible for individuals to buy, sell, and hold USDT within the country? Are there any regulated crypto exchanges operating in the UAE that are authorized to facilitate transactions involving USDT? Additionally, does the Abu Dhabi Global Market (ADGM) oversee the activities related to the purchase, sale, and holding of USDT within the emirates? Furthermore, can you confirm that Tether (USDT) is indeed allowed in the United Arab Emirates?
