Good news for cryptos: Portugal grants first crypto exchange license

In a big move, Portugal’s Central Bank has granted operating licenses to two cryptocurrency exchanges. This is the first time that the central bank has made such a decision.

This development brings positive news for crypto exchanges that have been battling regulatory concerns in many countries.

Cryptocurrencies were seen as a fringe technology till a few years ago, but regulators are now taking a closer look. Even as Latin America and some European nations embrace Bitcoin, Southeast Asia is clamping down on cryptocurrencies.

What is the road ahead for cryptocurrencies?

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