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In early , Bloomberg News reported the largest cryptocurrency exchanges based on the volume and estimated revenues data collected by CoinMarketCap.
Other data points in the survey included the problems that cryptocurrency traders experience with cryptocurrency exchanges and the expectation of traders.
Security and high trading fees are the top concerns. Several do not report basic information such as the names of the owners, financial data, or even the location of the business.
The European Council and the European Parliament announced that they will issue regulations to impose stricter rules targeting exchange platforms.
In , the U. Securities and Exchange Commission maintained that "if a platform offers trading of digital assets that are securities and operates as an "exchange," as defined by the federal securities laws, then the platform must register with the SEC as a national securities exchange or be exempt from registration".
Among the Asian countries, Japan is more forthcoming and regulations mandate the need for a special license from the Financial Services Authority to operate a cryptocurrency exchange.
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