why forex trading isn't allowed 24x7 like crypto

Forex (FX) trading essentially operates on a near 24/7 schedule (24/5), but it closes on weekends. This shutdown happens because FX depends on global banks to clear transactions and settle trades. When traditional banks close on the weekend, the underlying liquidity and settlement systems freeze, making continuous 24/7 trading impossible.The structural differences between FX and crypto markets that cause this include:Bank Settlement Dependencies: Crypto transactions occur peer-to-peer on decentralized blockchains, settling instantly without human intervention. In contrast, FX trades require fiat currency clearing through traditional banking networks (like SWIFT), which operate on standard business days.The Weekend Freeze: Because global banks take the weekend off, interbank liquidity dries up. Without banks providing the capital necessary to fulfill large currency orders, retail brokers are forced to halt trading.Regulatory Oversight: Crypto exchanges act as centralized clearinghouses that automate their own risk and settlement 24/7. FX operates on a highly regulated, over-the-counter (OTC) global network of financial institutions bound by central bank operating hours.