Mass number of Crypto exchanges demands Regulation

Now regulation of cryptocurrency is getting very important and according to a poll, 88% exchanges of cryptocurrency wants crytocurrencies to get regulated and they also believe that, the regulation is the solution of this industry threats as well as the regulation can broaden the market.

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This survey has been done between 24 crypto exchanges across Aisa, Europe and South America by the Lithuanian crypto-friendly payments company. All the exchanges, which are participated in this survey have daily trading volume of over $100 million.

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On the other side of the coin, 17% of exchanges also belives that very strict rules for regulation can also ruin the market and it will be a threat for market and as exchanges have the important role in the cryptocurrency market, they also stated that the lawmakers should make rules in favour of exchanges.