Cryptokoin – According to research by CrystalBlockchain, the UK is the world leader in the number of crypto money exchanges with 43 market operators. A mix of positive arrangements and riches constitutes the rest of the list and is located at several interesting points of crypto currency activity.
Liberal crypto regulations and capital
United Kingdom: The United Kingdom is home to 43 market operators and still offers a regime and proximity to a rising financial sector. However, there is an unreasonable Brexit issue that threatens this market. In addition, unforeseen effects on Brexit's rules regarding the connection between crypto currency and traditional finance pose another threat. The UK market also excludes anonymous coins with the delistation of ZCash (ZEC) from Coinbase UK and CEX_io. British stock exchanges continue to gain positive acceptance from local banks through direct buying channels for the British Pound.
America: The US market has been one of the engines of growth for the entire crypto sector, especially with the help of individual investors who joined the field during the largest bull market for Bitcoin (BTC) in 2017. The United States is home to some of the first crypto exchanges and is one of the countries trying to prepare clear regulations. The US is home to 27 exchanges, despite restrictions for some states. Recently, Binance has opened a new branch for US investors, provided they comply with local regulations.
Hong Kong: A small country with 22 stock exchanges and an independent line, Asia's crypto provides extremely high appetite for trade services. Hong Kong is an overseas destination for crypto markets that host giants such as the Huobi exchange. Recent protests against the new deportation laws have increased the demand for Bitcoin (BTC) in the country.
Singapore: The region, which has a relatively liberal crypto regulation with 19 stock exchanges, is competing with Hong Kong to host market operators targeting Asia. Formerly an ICO hot spot, Singapore has one of the most liberal regimes for stock exchanges. The Singapore Monetary Authority (MAS) still has an observation stance.
Australia: One of the crypto-friendly countries and is home to nine exchanges. Australia is home to the base of the crypto movement and multiple Bitcoin enthusiasts, so demand for stock services is high. Unfortunately, it has recently failed in the New Zealand market. One of the main reasons for this failure is the dramatic hacking and bankruptcy of the Cryptopia stock exchange.
The second largest region of the crypto currency exchanges, at least based on statistics, is ca Unknown to the World ”. There is currently no clear regional link on the 33 exchanges. Decentralized exchanges and smaller operations are still of interest.
The number of exchanges does not take into account the size, efficiency and interconnection between exchanges. In the world of crypto currency trading, there are several strategic regions and hot spot countries, including the EU, Canada, Brazil and several other countries. These regions and markets hold the majority of crypto exchanges and BTC and fiat entries.
The crypto field is developing rapidly and research data goes back to 2018. Since then, crypto currency exchanges have added a number of stablecoins and the flow of funds on the basis of new Bitcoin and altcoin balances has also changed.
Follow us on Twitter and join our Telegram channel to stay up to date on the latest news!