Cryptocurrency Exchanges, FTX Collapse, Regulation and Bank Runs: A Summaryby@mkaufmann
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Cryptocurrency Exchanges, FTX Collapse, Regulation and Bank Runs: A Summary

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A cryptocurrency exchange is a financial platform that enables people to buy, sell, and trade cryptocurrencies. These exchanges function similarly to traditional stock exchanges, but instead of trading stocks, users can buy and sell digital currencies like Bitcoin (BTC), Ether (ETH), and Litecoin (LTC) People use cryptocurrency exchanges for a variety of reasons, including investment and trading. Government does not regulate cryptocurrency exchanges in many cases because cryptocurrencies are still a relatively new and largely unregulated asset class. In most countries, there are no specific laws or regulations covering cryptocurrency exchanges' operations.

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@mkaufmann

Matthew Kaufmann

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