Crypto Crossroads: Are New Rules Pushing Users Towards Decentralized Exchanges?
For years, many crypto users have relied on Centralized Exchanges (CEXs) – big platforms like Binance or Coinbase, which operate much like traditional stock exchanges. They hold onto users’ crypto and manage the trading process. But now, with stricter regulations coming into play, especially in Europe, many wonder if users will start moving towards Decentralized Exchanges (DEXs).
DEXs are different. Instead of a company managing everything, they often run on automated computer code (smart contracts) on a blockchain. Users usually keep control of their own crypto keys and trade more directly with each other. Could regulations designed to make crypto safer actually push people towards these less controlled platforms? Let’s dive…