I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
Yes it is because of the demand on the market itself which many countries have their own exchange to be able to directly convert crypto into their currency. Even my country that can be said bitcoin still neutral and even there is still a ban, but with a high demand then the crypto exchange in the country also continues to increase.