Quote from: Aanuoluwatofunmi on May 17, 2024, 02:28:28 PM

we cannot afford to loose any of our asset with them if any uncertainty should pop up today concerning their take on the existence of any exchange, we may also play this mature way by not keeping our entire cryptocurrency assets on centralized exchanges.

Governments usually do not have problems with centralized exchanges that has the required license to operate, restricts sanctioned countries and complies with their kyc/aml laws. The government even like these centralized exchanges because they are data farms and they can use them to confiscate funds from people they suspect are into illicit activities.

It is obvious that one should not store their coins in a centralized exchange, not your keys, not your coins, and if you trade there, you should move your money into your self custody once you are done.