Agencies
An agency is an organization or a body of individuals established to perform certain tasks, activities, and functions in order to achieve specific goals. In the cryptocurrency world, agencies are responsible for providing services related to digital assets such as cryptocurrencies and tokens. These services can range from issuing new currencies on blockchain networks, helping users with trading or storage solutions, or offering educational resources about different types of coins and tokens. Agencies may also provide consulting advice regarding legal aspects associated with operating within the cryptosphere. Additionally some agencies offer marketing campaigns aimed at increasing public awareness of particular projects or initiatives in the crypto space.
The most common type of agency found in the cryptocurrency industry is known as an exchange platform provider (EPP). EPPs act as intermediaries between buyers and sellers by facilitating transactions involving digital assets like Bitcoin and other altcoins/tokens using their own specialized platforms/exchanges. They typically require registration procedures that involve identity verification before allowing customers access to their service offerings; this helps ensure secure user accounts while promoting trust among all participants involved in any given trade transaction. Other types include wallet providers who help store funds securely offline so they’re not vulnerable to external attacks; custodians which handle large amounts of crypto holdings for institutional investors; miners who manage complex computations necessary for verifying blocks on blockchains; developers building applications around decentralized technologies; media companies providing news coverage about developments taking place within the industry etc…
A few examples of well-known agencies working actively within this sector are Coinbase (an EPP), BitGo (a custodian) , Genesis Mining (miner), ConsenSys(developers)and CoinDesk(media company).
