Are crypto exchanges safe and regulated?

Crypto exchange safety varies significantly. Regulated exchanges like Coinbase and Kraken operate under government oversight and implement security measures like insurance funds and cold storage. However, regulation differs by country—the US has frameworks through FinCEN and SEC, while other nations have varying requirements. Unregulated exchanges pose higher risks including hacking, theft, and fraud. Even regulated platforms aren't risk-free; several major exchanges have experienced breaches. Best practices include using established exchanges with insurance, enabling two-factor authentication, withdrawing funds to personal wallets when possible, and never storing large amounts on exchanges. Always research an exchange's licensing, security audits, and insurance coverage before depositing funds.