On: Spot Bitcoin ETF receives official approval from t...

[aurareturn]

That’s a small fraction of BTC holders. The majority don’t care and leave their coins on exchanges, which act like banks but unregulated.

[killerstorm → aurareturn]

People can still choose different jurisdiction, or move when they want, etc, etc.

It might surprise you, but it's way easier to open an exchange account than a bank account.