Crypto exchanges have recorded a 15-50% drop in new sign-ups in November so far. They have also posted a dip in their monthly transactions after some investors squared off positions and adopted a “wait and watch” mode.
source https://economictimes.indiatimes.com/industry/banking/finance/new-sign-ups-dry-up-for-cryptocurrency-exchanges-amid-regulatory-confusion/articleshow/87971392.cms
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