Traders are again in Bitcoin, however DEXs are nonetheless the way forward for crypto

Investors are back in Bitcoin, but DEXs are still the future of crypto

Bitcoin’s long-awaited uptrend and the recent wave of corporate and institutional investors who are spending significant parts of their reserves onBTC) are all signs that mainstreaming of crypto is accelerating rapidly: But has the path to mass adoption been at the expense of privacy and decentralization?

Know your customer and anti-money laundering laws have forced the majority of cryptocurrency exchanges to become more transparent about who their users are, and those who refused have had to restrict the jurisdictions in which they can offer services.

Total value locked in Synthetix. Source: DeFi PulseTotal value locked in DeFi. Source: Digital asset dataDEX daily active users. Source: Digital asset data

Read on on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges, but by market makers. As a result, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading loss you may incur as a result of using this information.

Fusion Media or anyone involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts and buy / sell signals. Please be fully informed about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.

Comments are closed.