Should virtual currency exchanges be treated like real property exchanges?

As a financial professional, I often ponder over the regulatory framework surrounding virtual currencies. One key aspect that intrigues me is whether virtual currency exchanges should be treated akin to real property exchanges. After all, both involve the exchange of valuable assets, albeit of different forms. Real property exchanges have robust regulations, including those pertaining to taxation, anti-money laundering, and consumer protection. Should these same principles apply to virtual currency exchanges? Would it ensure stability and transparency in this burgeoning market? Or, are there inherent differences in the nature of these transactions that necessitate a separate regulatory approach? I believe it's a crucial question worthy of further exploration.