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MSNBC Katy Tur Reports June 4, 2024 19:28:00

These exchanges, these crypto currency exchanges are not regulated any way, shape, or form. not even like the new york stock exchange or other traditional exchanges in the u.s. or elsewhere. self-regulated in the sense you understand how you run an exchange that handles other people s money. this was a crypto currency trading platform. there s no insurance behind it. no guarantees of getting your money back. it s supposed to be outside the control of sovereign governments. they re trying to create new currencies not influenced by government policies and that was the allure to some people who wanted to get involved, that they re getting into the system where they re creating currencies that can supplant the u.s. dollar not affects by other central bank decisions. it s a solution in search of a ....

U S , Currency Exchanges , New York Stock Exchange , Currency Trading Platform , Government Policies , Central Bank ,