Learn more about our security. ,raken instant, recurring, and limit highly-regulated cryptocurrency exchange and custodian. That's why we were the to requirements including capital reserves, cybersecurity, and high banking compliance.
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Identifying the regulatory status of these platforms often proved challenging given their complex corporate structures. To understand the current picture of regulation, we carried out a qualitative review of 16 leading exchanges see Table 1 including the seven that contribute prices to the CME Bitcoin Reference Rate , which benchmarks the daily cost of one bitcoin in US dollars and is used to calculate the prices of bitcoin futures on the Chicago Mercantile Exchange, an activity regulated by the Commodity Futures Trading Commission CFCT. From conversations with the CEO of a large crypto data aggregator, our study confirmed that little impedes any crypto exchange from overstating its trading volume to boost their importance at places like CoinMarketCap.
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