> it's likely that centralised exchanges will continue to be cheaper and faster Only if the action doesn't move to defi; if it does, the main advantage of cent

> it's likely that centralised exchanges will continue to be cheaper and faster Only if the action doesn't move to defi; if it does, the main advantage of centralized exchanges (being able to double as market makers) vanishes. > Their utility for speculation decreases with harsher KYC/AML/accredited investor regulation, so it doesn't make sense for them to support that. Notice how I only cited the first one (one time costs per customer) and not the other 2 :)