Crypto Exchanges Must Share User Data With Russia, Prosecutor General Demands

The cryptocurrency industry also needs a clear delineation between trading platforms and market makers, the bank said.
The Japanese government could pass a new rule that would mandate the sharing of transaction information to prevent money laundering.
Increased crypto regulation could drive users to decentralized platforms, the bank said.
In a report by CryptoCompare, the market share of the “top” exchanges increased to 96% in February 2022.
The cryptocurrency industry is responding to the best-practices advocacy group’s call for a fair, stable and regulated market.
The “top-tier” exchanges, as ranked in a report by CryptoCompare, increased their market share to 96% in February 2022.