The cryptocurrency enterprise and regulators have a protracted records of now no longer getting alongside both because of diverse misconceptions or distrust over the real use case of virtual assets. The maximum current warfare is focused over how centralized exchanges (CEX) can use patron budget.
On one side, there are folks that accept as true with that CEXs ought to now no longer be capable of take custody of customer's budget due to their loss of security, however on the opposite side, there are folks that argue that those systems want to be regulated as they are a prime a part of the enterprise.
The regulator's stance is that CEXs want to be regulated due to the fact they are chargeable for storing patron budget and offering their customers with get admission to to this money. However, a few withinside the network argue that such oversight will bog down innovation and create a closed-loop economic system in which handiest institutional traders can take part in preliminary coin offerings (ICOs).