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Most governments don't consider Bitcoin to be currency, so it's somewhat of a legal gray zone regarding regulation. I know most exchanges must follow KYC/AML systems because they trade with fiat too, but for services which only exchange cryptocurrency, is there any regulation?

For example, Bitcoin gambling sites or mixers don't follow regulation, do they?

  • Probably best to limit the scope of "is there any regulation?" to a specific country or jurisdiction, otherwise you'll probably not get an answer (or ones that you don't want). – jimsug Jul 9 '16 at 4:18
  • Let's say Canadian law specifically? – thatguylowjwj Jul 9 '16 at 4:45

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