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Whatever it is at the end of the day people invest real money and speculate correct so it is a financial product and any exchange and the products should go through regulatory scrutiny .. or you are supporting even equity IPO not to be scrutinized... sure you can believe in crypto all you like...

Your broker although Australian regulated is Market Maker model is it not? meaning if many of your trader's win real money the broker is not going to be happyo_O since such a broker is not a broker of a centralized exchange. Also if a OTC broker in AUS goes belly up the trader accounts are...

What I dont get is with all the money they have is it really that difficult for them to get regulated by CFTC atleast?

Hi Def can you elaborate on Australian listed Bonds also , are they tradable and same question about what can be used for collateral.

Calling any regulator a bully does not answer the fundamental question of Exchange integrity... why should consumer / trader/ investor take the risk of Exchange bankruptcy? can any Crypto enthusiast answer that? AN Exchange is supposed to novate the trade / facilitate the trade not play any...

Binance is accused of using customer funds ... time will tell if that is true or not

This old video and it's script is worth a look and read .. this may apply to ALL other so called exchanges !

where would Black rock be keeping the Bitcoin?

simple logic is people are prepared to take market risk even the volatility of the Bitcoin but a trader / investor does not sign up for exchange itself going out of business...! and that is what regulations MAY prevent! + allowing 2 page ICO whitpaper or whatever it is called to raise millions...

Def another question, do you offer any cash settled options on ES ( Not SPX) such as BSZ ( or BCZ) not sure.. customer service is not much of help

If you paint everything with a brush of :authorities controlling you with their hands in your pockets" then there is nothing further to say.. what is next? unregulated medical facilities? unregulated civil engineering... reg if current SEC is corrupt or not is diff issue, ASIC is a independent...

at least in the countries they have been banned for the time being the business is over unless the get regulated but they may! like FTX and others who knows I am just pointing out there are issues with them with many regulators...others also BITMEX all regulate din tin pot jurisdictions but...

If you ( means Coinbase and Biance) why are there court actions and AFSL cancellations? also why don't these so called exchanges get regulated in first place in a major jurisdiction ! and you have nothing to say on Exchange failure ? when was the last time NYSE/CME/ ASX/ SGX/ LSE went out of...

was the exchange regulate din USA? I doubt it says it ".. attempted to secure a license from the US Securities and Exchange Commission to trade equities 24/7."

oh so this is a ETF on CME listed BTC futures ,, so won;t be holding actual Bicoins like the proposed Blackrock! one! so low chances of the "exchange" itself blowing up .. one less risk

WHAT point I have failed to prove? the point is other jurisdictions are also concerned about these "unregulated exchanges" apart from giants like SEC.. but it seems for die hard fans of these Crypto mania it is irrelevant!

so what are you on about? No rules no regulations, anybody with a 2 page statement can start a financial instrument ( ICO) anybody with computer can start a "Exchange" is it? cult follower !

so what about this Small country? or it does not matter ! https://asic.gov.au/about-asic/news-centre/find-a-media-release/2023-releases/23-091mr-binance-australia-derivatives-afs-licence-cancelled/

Although I agree that there is a weird contrast specially in case of Coinbase SEC allowed them to be listed as a public company ! but overall I don;t think SEC is at fault these people just want to avoid the regulatory burden (B IMHO)

" we have gone through this in 1920 ...at base level these are all securities,, it does not matter if add few digits to it and Tech mumbo jumbo" LOL.. that does it for me