Liechtenstein Cryptoassets Exchange, or LCX, is one of the few cryptocurrency exchanges that is licensed by a country as a regulated asset exchange. LCX is a crypto-asset exchange that integrates several other exchange prices with advanced limit trading features. Since it is maintained by a nation-state it is not very decentralized but what it lacks in decentralizations, it makes up for in other ways. Being subject to regulation allows LCX to build exchange tools that go beyond traditional cryptocurrencies. Since it is regulated, you can legally create tokens for non crypto assets, along with NFT and other Defi tools. In largely unregulated industries like crypto, being compliant with financial laws can actually be a feature.