#卡尔达诺稳定币提案 New War of Exchanges: CEX Compliance vs. DEX Aggregation
Three Major Transformations of CEXs like Binance and Coinbase in Response to Regulation:
1) Reserve Proof Upgraded to PoFR (Real-Time Auditing);
2) Delisting Privacy Coins (XMR, ZEC);
3) Establishing Local Entities (Binance Japan).
Meanwhile, DEXs are achieving:
1inch Aggregating Liquidity Across 11 Chains;
Uniswap V4 Launching Hooks Custom Pools;
PancakeSwap Expanding to Base Chain.
The way user assets are custodied is being restructured, and hybrid exchanges may become the mainstream in the future.