Fiat Exchanges Are More Difficult to Set Up Than Crypto-To-Crypto

question 40

True/False

Fiat exchanges are more difficult to set up than crypto-to-crypto exchanges due to increased reporting requirements from state and federal agencies.

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Definitions:

Strike-Slip Fault

A type of fault in which two blocks of the Earth's crust slide past each other horizontally along the fault plane.

Reverse Fault

A type of fault where the hanging wall moves up relative to the footwall, often created by compressive forces.

Normal Fault

A type of fault where the hanging wall has moved downward relative to the footwall, typically associated with extensional tectonics.

Horizontal Compression

A stress regime where forces push inwards from opposite sides, often leading to folding, faulting, or shortening of the Earth's crust.