The U.S. Securities and Exchange Commission went after Kraken for its staking service
That is true, but no staking on Kraken again, the issue has been solved.
The present issue now is Coinbase issue with United States SEC, but I think Coinbase also is not offering staking service anymore to its customers.
The main issue for now is CFTC that sued Binance for not fully complying to United States laws. Also is Binance letting people in China that forbids trading of cryptocurrencies to make use of their platform for such services, but we do not know yet how true this is.
That’s led some to speculate crypto traders will shift to DEXs, and the DefiLlama data suggests that could be happening.
AS for me, there are many exchanges. I use four exchanges and I have registered on more than eight exchanges before. I still successfully use centralized exchanges. But never leave your coins on exchanges.
Now, we find a new type of exchange named TEXs(Transparency Exchanges),which find a balance between security and transparency and user experience, hoping to ensure transparency and security without sacrificing user experience.
I will read about TEXs, but how are they working? Can you give a brief explanation of the exchanges?
What do you think users will choose TEXs/CEXs/DEXs, what's the reason?
I use Dex, I also use Cex. For derivative trading, I prefer Cex, but Dex for buying coins somethings. I still also use Cex to buy coins too.
TEX is a new type of trading platform that incorporates a series of innovations in technology and product design to achieve transparency and security similar to decentralized exchanges while maintaining a trading experience comparable to centralized exchanges.
DEXs provide the best transparency and security, yet they lack in user experience. Conversely, CEXs excel in user experience but fall short in transparency and security. TEXs aim to strike an optimal balance between these two aspects, offering both transparency and security alongside an enjoyable user experience.
Maybe you can read this article which explain the the difference between TEX/CEX/DEX?