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"Exchanges"(Exchanges and brokerages in one) are not supposed to be banks. Everything can be withdrawn from brokerages without them being insolvent.
by BLanen 4y ago
"Exchanges"(Exchanges and brokerages in one) are not supposed to be banks. Everything can be withdrawn from brokerages without them being insolvent.
- pranshum 4y agoIf the brokerage provides leverage to its customers, it can be subject to the same sort of bank runs that a normal bank can.