Re:Binance's books are a black box, filings show, as it trie...
by Xelynega on Monday December 19, 2022 @08:54PM
(#34060563)
All crypto exchanges are banks, and shouldn't be called exchanges
Exchanges should be required to hold 100% reserves in the deposit currencies of their users if they want to be called exchanges, but that would require regulations to be enforced that don't even exist yetm
Exchanges should be required to hold 100% reserves in the deposit currencies of their users if they want to be called exchanges, but that would require regulations to be enforced that don't even exist yetm