“If we learned anything from 2022, particularly with FTX, it’s the fact that custodial relationships, especially in the face of lack of regulation, are very bad,” said Ozdogan. “Too many users have lost assets to bad actors and, in turn, the custodial nature of centralized exchanges. In the world of digital assets, one rule reigns supreme: Not your keys, not your crypto.”
Source: https://www.coindesk.com/business/2023/03/28/cryptos-unfulfilled-dreams-get-a-tailwind-from-us-crackdown-on-binance-coinbase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines