The benefits to cryptocurrency regulations are clear in the certainty of use and value, consumer protection, excluding bad players, and ensuring cryptocurrency is used for legitimate and good economic reasons. — Unregulated Cryptocurrency Exchange A few months ago, BitForex was just one of the hundreds of obscure, new cryptocurrencies exchanges that spawned. Yet, the exchange has caught the attention of many, recording daily volumes exceeding $5 billion, in some instances topping prominent exchanges like Binance, Bitfinex, and Bithumb.