Are we seeing the emergence of a dualistic world order for Crypto Exchanges?

Colleagues, as if the crypto universe needs another twenty-five exchanges. Well the Philippine government appears to foresee economic growth and the opportunity to compete with the US, China, the Ukraine, India and South Korea. Formation of the special economic zone recently approved by the Cagayan Economic Zone Authority (CEZA) to serve both purposes. Bottom line questions: 1) Just how many crypto exchanges does the world need? and, 2) Can the Philippines financial and regulatory environment attract top-tier exchanges? The Cryptocurrency Academy is pro-competition, yet we question the ever-increasing number of exchanges around the globe … when in fact the five largest exchanges manage some 75% of all crypto transactions (see Crypto Coin Charts). We see the emergence of a dualistic crypto exchange world order whereby the 5-10 largest exchanges control the majority of “first-world” transactions in a reasonably secure and transparent manner. And in contrast, a multitude of micro- and/or specialty- exchanges process transactions for the “darker” side of the crypto world with little regulation and appeal to traders who seek to keep their transactions away from public scrutiny.  Share a comment visit us today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)