Quote from: Solosanz on Today at 05:29:11 AM

Quote from: countryfree on June 14, 2023, 10:57:22 AM

Commercial exchanges are:

bitvavo.com

Wrong, bitvavo offer staking program.

Sorry, my mistake. I'll edit my post above.
I'm not afraid, it just makes sense for an individual to separate companies according to the service they provide.

Quote from: avikz on Today at 05:55:33 AM

Quote from: countryfree on June 12, 2023, 04:38:32 PM

This is far from a new idea, it's coming from the banking sector, and I believe it should suit cryptos exchanges just fine. Because there are 2 kinds of exchange.

It's good to define activities and separate entities based on the services they provide. It becomes easier for the regulators to regulate and protect the interest of the consumer...

That's my point!

Quote from: avikz on Today at 05:55:33 AM

Quote

A normal exchange is a company which exchanges fiat currency with cryptocurrency, and vice-versa, taking a small fee in the process. And that's it. Nothing else. I believe these exchanges hardly need to be regulated, because most often they don't store any funds. You make a deal with them, and when it's over, the customer relation is over, everything's terminated.

Well, if these kinds of exchanges are not regulated, then the majority of the black money translations will take place here. In the cryptocurrency world, it's a big risk. Many governments have already raised their voices against money laundering risks. Non-regulation will just make it worse and more uncontrollable. If regulation is under consideration, both kind of exchanges need to be regulated.

Yes, it depends if you see the problem as an individual, or as a regulator, and what kind of regulations you expect.

To the individual, there's less risk of misbehaving with a simple commercial exchange.
To the regulator, it depends if the goal is to protect consumers, or fighting tax evasion.