Owning crypto is like being your own bank, you control spending and transaction with your preferences. No limitations, No boundaries.
Since crypto was fully decentralized and you can do whatever you wanna do with your cryptocurrency. The main purpose of crypto to remove the limitation for anyone to control their asset.
I think that we can't say any crypto will be fully centralized. There must be an exception for the centralized crypto.
You are owning your crypto when it's still in your wallet but when it was being sent to the exchange site or centralized entity and that rules will not be applied as the exchange site that owned your crypto.