Exchanges are Urging Regulators to not Ban Cryptocurrencies
Currently, it seems a lot of Top Exchanges of the world is actively urging the authorities to not Ban Cryptocurrencies for Retail Investors in their respective Countries. Exchanges of the likes of CME, Nasdaq and many more think that it would be detrimental in the upcoming Future to go for a Ban on Cryptocurrencies.
Even the World Federation of Exchange feels like we should give Crypto a chance to prove its worth to all of us so that there can be a nice balance between the two Worlds. Further, they also pointed out that the Security features implemented by individual Cryptocurrency Exchanges are quite elaborate and can prohibit Money Laundering and other sorts of nefarious activities via Crypto.
I don't know what the requirements are on Foreign Crypto Exchanges but here in India, the exchanges had a pretty tight nipped system with strict AML policies in place. I really hope the world sees this as a positive sign as Top Exchanges like Nasdaq, CME, and others are kinda supporting this new Trend.
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