[w23j]

So-called crypto "exchanges" often function as a mix of exchange, broker-deal and bank.

[eastern]

100%. People are being fooled by the word Exchange. It makes them think that this is the same category as NYSE or NASDAQ.

Exchange should be a sort of a reserved word, like bank.

[lupire]

It is. But in the real world there is no compiler to prevent misuse. There is only a very lazy and incomplete runtime checker.

[_glass]

Even compiler is kind of a misused word though...

[sweetbitter]

Runtime checker as in the guys who are eager to correct the terminology? Hahahaha