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This article is part of our Decoding Crypto series, where we explore the fundamentals of cryptocurrency and how investors can start interacting with the digital asset. Check out our other articles: Cryptocurrency categories Crypto can provide a new variation of the classic pump and dump scheme, where owners of a stock try to drive the price up before selling off their holdings at an artificial peak. In the crypto world, this is common at the ICO stage, or even beyond, whenever false claims can hype up demand and permit the originators or dominant holders of the cryptocurrency to earn massive phony profits.

Our Freeman Law Cryptocurrency Law Resource page provides a summary of the legal status of cryptocurrency for each country across the globe with statutory or regulatory provisions governing cryptocurrency. Cloud-Enhanced Innovation With so many cryptocurrencies out there right now, there is no single place that grants access to all of them. However, Coinbase Global (COIN 2.6%) is one of the largest trading platforms and currently supports more than 100 cryptocurrencies (including most of the top 10 largest cryptos by market cap). Binance is another top trading platform and is where Binance Coin and tokens can be traded.