Coinbase is shifting focus towards decentralized exchange (DEX) growth and global operations, with CEO Brian Armstrong predicting that DEX trading volumes will soon surpass those of centralized exchanges (CEX).
This strategic movement is aimed at redefining the dynamics of trading within the cryptocurrency market, indicating a significant trend towards decentralized finance.
Recent acquisitions, like Deribit for $10 billion, enhance Coinbase's international presence, with regulatory approvals in Argentina and India enriching its global strategy.
The industry's response to these developments suggests a cautious optimism, while experts highlight the importance of regulatory scrutiny and technological advancements to facilitate this transformation.
Full story here: https://coincu.com/337039-coinbase-expands-dex-global