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Showing posts from June, 2023

As SEC Targets Binance and Coinbase, Can Tsp.exchange Pave the Way Forward?

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  Recently, the U.S. Securities and Exchange Commission (SEC) has launched lawsuits against Binance and Coinbase, the world's largest cryptocurrency exchanges, igniting widespread attention within the cryptocurrency community. Binance and its founder, Changpeng Zhao, as well as Coinbase, are accused by the SEC of operating "deceptive websites", facing charges of 13 offences and operating as unregistered securities exchanges, brokers, and clearing agencies respectively. These incidents highlight the prevalent issues in today's cryptocurrency exchanges concerning regulatory transparency and user experience. On one hand, many exchanges put investors at risk due to a lack of transparency and compliance. On the other, despite offering better transparency and security, many decentralized exchanges (DEXs) often fall short when it comes to user experience. So, is it possible to maintain transparency and security while offering a user experience similar to centralized exchange...