In a row of small Yonge Street storefronts, Million Exchange angles for a corner of a booming market.
“Instant buying and selling of digital currencies,” it promises on its website, though the shop is not in the federal registry of authorized crypto businesses. Registration is a requirement meant to deter money laundering and terrorist financing.
Over the last year and a half, more than $200 million worth of digital currencies has moved through a virtual wallet used by Million Exchange.
