Could you elaborate on the reasons why regulators are expressing concern over the potential disintermediation of crypto exchanges and brokers? Is it due to concerns over market manipulation, lack of transparency, or the potential risks posed to retail investors? How do these exchanges and brokers currently function in the crypto ecosystem, and what are some of the key mechanisms or practices that regulators are looking to scrutinize? Additionally, are there any specific regulatory frameworks or policies that are being discussed to mitigate these risks and ensure a safe and fair crypto market?
7 answers
amelia_miller_designer
Thu Jul 11 2024
The proliferation of broker disintermediation and unregulated crypto exchanges has sparked significant concerns among regulators.
ZenHarmonious
Wed Jul 10 2024
They can facilitate illicit activities like money laundering and fraud, while also exposing investors to high levels of risk.
mia_harrison_painter
Wed Jul 10 2024
This trend is exacerbated by the escalating interest and utilization of blockchain technology this year.
Martino
Wed Jul 10 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services to its clients, including spot trading, futures trading, and digital wallet services.
Stefano
Wed Jul 10 2024
As blockchain gains momentum, it attracts a wider audience, including investors seeking new avenues for wealth accumulation.