Poorly regulated CeFi platforms represent crypto’s weak point – The Armchair Trader
Centralised cryptocurrency exchanges (CeFi platforms) continue to dominate the digital asset landscape, serving as the primary gateway for both institutional and retail investors.
Yet, despite overseeing billions in daily transaction volume, these platforms are governed more by discretion than duty. Their infrastructure often lacks the legal rigour, risk transparency, and user protections one might expect from such critical financial plumbing.
The problems begin with inconsistent listing standards. Exchanges frequently claim to apply rigorous due diligence before admitting a new token. In practice, however, formal audit requirements, verified tokenomics, or disclosures about insider ownership are often absent. Retail users are left to…
