You may have heard about the launch of EDX Markets, a brand new, centralised exchange backed by some of the biggest names in Wall Street. EDX claims to offer a secure, efficient and regulated, non-custodial cryptocurrency exchange. Sounds intriguing, right?
However, if the words ‘non-custodial’ ring alarm bells for you, you’re not alone. Because we know that crypto was created to be decentralised.
All this on the back of the SEC lawsuits too?
Many in the crypto community are skeptical of the timing, given the crackdown on exchanges from the SEC and Blackrock filing for a Bitcoin ETF, both of which happened very recently. Some are even asking whether there has been coordination between regulators and Wall Street firms….
Whatever the case, you would be wise to remember this:
Nothing will stop decentralised blockchains.
The launch of PulseChain opens the door for a whole new world of decentralisation, including the way we transact, lend and borrow money. There’s a new ecosystem being built and it doesn’t need to be part of that old financial system at all.
So, while the traditional finance companies make a play for Bitcoin, Ethereum, Litecoin and Bitcoin Cash through EDX and ETFs, there will always be a better option.
Because decentralisation is well and truly here to stay.
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