November 3, 2021 · 1 min read
The Novum Insightful EP.11 - CEX
Regulation is hugely important to crypto exchanges. Established in 2013, CEX is one of the longest-standing centralised crypto exchanges in the space and has over 5 million registered users to date. Very early on, CEX opted to make itself a leader in crypto regulation-compliance for exchanges - but perhaps at the expense of its rate of growth. As Konstantin Anissimov states on this week's podcast:
We could see that over a longer period of time, we would come out on top and that [regulation-compliance] would be a winning strategy - and I would say we are reaping the benefits of this now.
With exchanges such as Binance being investigated for insider trading and regulation likely to tighten in the near future, it looks as if CEX’s gamble might pay off.
Check out CEX.io