Venezuela to Limit Number of Crypto Exchanges

February 28, 2018

Venezuelan authorities plan to restrict the number of cryptocurrencies within the country limits. Only 8 platforms will be licensed.

Daniel Arraez, a founder to the crypto exchange software developing company BlinkTrade, is confident in saying, this governmental move is to become attractive for the whole financial market environment in the country if the platforms are completely transparent and recognized legal by citizens.

Yet it is still unclear, how many exchanges will be allowed to functioning as well as which platforms exactly it will be.

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