Are Dark Pools Subject to the Same Regulatory Oversight as Lit Exchanges in Crypto?

Generally, no. The regulatory oversight for dark pools is often less stringent or different from that of fully regulated 'lit' exchanges, especially in the fragmented global crypto landscape.

In traditional finance, dark pools (as Alternative Trading Systems) have specific, but different, reporting and transparency requirements. Crypto dark pools often operate under varying, sometimes minimal, local regulations, focusing mainly on AML/KYC compliance.