According to a recent IMF report, the top 14 Crypto exchanges account for more than 80 percent of reported volume, and the top 10 Crypto assets account for 82 percent of the total reported volume.  This is, of course, a long-reported problem in the industry–but it will be interested to see how this concentration over the mid term potentially impacts areas of the law that few may predict, including best execution obligations and exchange listing requirements.




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