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half million pages of due diligence over a multi-year procedure to get ada…Etoro Vs Luno …whitelisted in japan and now it’s trading there and increasingly more exchanges are taking it up and liquidity is improving that location coinbase was likewise a very tough process from my

understanding to go through and a great deal of oversight there and there are obviously active conversations with other u.s liquidity service providers that said it’s not really 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 treated as a as a currency and it’s white noted and there’s a great deal of

industrial activity of xrp in japan sbi and others are big boosters in that ecosystem so despite the fact that liquidity is very Etoro Vs Luno. limited in the u.s ripple is still in the top 10 has a great deal 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 foundation publishes a meaningful document explaining 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 need to be done like the rosetta interfaces or the graphql user interfaces or the deprecated rest apis we do that we certainly address a lot of questions from exchanges and for certain large exchanges we really uh permit them access to our internal developers slack so they can straight interact with developers when they have requests like utxo fragmentation concerns or other such things on our side we had no indication of this from and it’s rather regrettable that

absolutely nothing was sent our way due to the fact that we a minimum of might have better understood their reasons and will of course reach out on our side to better comprehend reasons however it’s mostly the foundation’s obligation here it has no meaningful influence on the liquidity of ada there’s billions of dollars of turn-around every day or any other factor it was a fairly little trading market but you understand this is just the nature of the video game liquidity reoccurs some people like it some individuals do not because they don’t get adequate volume or consumer interest and after that certainly everyone has various regulatory limits if you’re a european entity with principal european customers you typically restrict your u.s direct exposure