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In the United States, crypto-currency regulation began being devised at the legislative level in 2013 when the government made the decision not to ban them, but rather to create a legal basis for their use.
Cryptocurrency in the United States is regarded as decentralized and they operate the same way as a fiat currency.
This means that exchanges and other organizations undergoing operations with them are obliged: to be registered as Money Services Businessesto receive licenses for such activityto inform law enforcement authorities of transactions arousing suspicions.https://tokyotechie.com/cryptocurrency-exchange-license-services/