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What are Crypto Exchanges? Full Guide for Beginners (Animated)For example, crypto exchanges in the U.S. are subject to regulations. In the EU, laws are in effect governing crypto service providers. Who Is the Crypto. Coinbase, the largest crypto exchange in the United States, has opened a business in Bermuda. Government Cracks Down on Crypto Industry With. Cryptocurrency exchanges are legal in the United States and fall under We suspect both the Canadian government and crypto exchanges will.