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Could you elaborate on the claim that FTX is the 'most regulated crypto exchange'? While regulation in the crypto space is a critical aspect, it's essential to understand the nuances and specifics behind such assertions. Does FTX have a comprehensive regulatory framework spanning multiple jurisdictions? What kind of licenses and approvals do they possess? Are these regulations merely for show or do they translate into robust consumer protections and risk management practices? Clarifying these points would help determine if the label of 'most regulated' is indeed accurate and meaningful.
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