1/x With due respect, you're conflating terms. Crypto exchanges are B/Ds:: entities trading assets on behalf of clients, but also trading for self, i.e., @jpmorgan.
Crypto has no true exchanges & comparisons are misleading. No capital is raised, for 1 & risk is not distributed https://twitter.com/GaryGensle...
恕我直言，你把条款混为一谈了。加密交易所是代表客户进行资产交易的实体，但也为自己进行交易，即@jpmorgan。
加密没有真正的交换&；比较具有误导性。对于1&；风险未分配https://twitter.com/GaryGensle...