If your only business is being an exchange you might not run into any issues if ... | Hacker News

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		jsemrau on Nov 21, 2022 \| parent \| context \| favorite \| on: Proof of solvency and beyond If your only business is being an exchange you might not run into any issues if you consider all the decentralized exchanges that are still operating. The problem arises if you add market maker, trading house, hedge fund, market research, and learn2earn to the mix. #greedisgood.

lottin on Nov 21, 2022 [–]

Decentralised exchanges only deal with virtual tokens. Centralised exchanges are needed because people need to be able to trade these tokens for real assets.

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