🚨 The Frankfurt Attorney General's Office and the Federal Criminal Police Office (BKA) in Germany have jointly shut down 47 cryptocurrency exchanges suspected of money laundering! These exchanges are accused of deliberately failing to comply with KYC (Know Your Customer) regulations, including Xchange.cash, 60cek.org and Baksman.com. Some exchanges have been active since 2012, while others were launched only last year. What do you think of this regulatory action? Feel free to share your views in the comments section! 💬#Blockchain#Cryptocurrency #Regulation