The digital currency and decentralized finance (DeFi) industry and the companies within it may have been stonewalled by regulators in the past, but the tides are slowly turning. Russia and Hong Kong are the latest governments to propose plans to license crypto exchanges, signaling a major shift happening within the financial sector as digital currencies become a more significant factor in the global investment landscape. Changing regulations bode well for companies like INX Digital Company (NEO: INXD), Galaxy Digital (TSX:GLXY) (OTC:BRPHF), DeFi Technologies Inc. (NEO: DEFI) (OTC:DEFTF), Voyager Digital (CSE:VYGR) (OTCQX:VYGVF), and Coinbase (NASDAQ:COIN), which are launching products ...
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Governments Embracing Regulated Crypto Exchanges With Open Arms