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RE: Is Cryptocurrency exchange regulations good or bad ? SK fined $130k for poor security
Exchanges need to be safer! When I try to promote crypto to my friends in IT that's the first thing they say to me. One day your coins are there and the next everything is gone. That is not a good reputation and keeps a lot of people out of the market.
Yes, we have seen this before. People are losing their cryptos due to hack. Security is very important for the exchanges.