The world's largest digital trading platform now controls around 50% of the spot market share, the lowest since April 2022, according to Dessislava Ianeva, a senior research analyst at Kaiko. Its market share has shrunk after the platform, which has no fixed headquarters and offers services around the world, in March removed zero-fee trading on certain pairs.
"We have to wait and see if this is a temporary or more sustainable change in trading patterns," Ianeva...