Analysis: Cryptocurrency Exchanges Struggling to Protect Clients
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Analysis: Cryptocurrency Exchanges Struggling to Protect Clients
Cryptocurrencies, long the stuff of libertarian day-dreams, are coming under more and more scrutiny from regulators and other government bodies. This Tuesday, the Office of the New York State Attorney General (OAG) released a long, detailed report that provides some significant insights into the operations of cryptocurrency exchanges.
In its report, the OAG surveyed nine different cryptocurrency exchanges with four others refusing to participate. By no means unanimous in their responses, the exchanges’ answers to the questions the OAG put to them are both hopeful and worrying.
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On the negative side of things, ... (read more)
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