Welcome to the Ask SCN Community › Forums › Global Forum › Centralized & Decentralized Crypto Exchanges › The evolution of crypto exchanges: From past to the present › Reply To: The evolution of crypto exchanges: From past to the present
Exchanges focused on improving user experience, security, and compliance. Mainstream financial institutions, including PayPal and Square, integrated cryptocurrency trading into their platforms, enhancing accessibility. Cryptocurrency exchange-traded funds (ETFs) gained regulatory approval in some jurisdictions, bridging the gap between traditional finance and the crypto market. The era also saw the rise of decentralized finance (DeFi) platforms, redefining financial interactions without traditional intermediaries, and the explosive popularity of Non-Fungible Tokens (NFTs), with dedicated marketplaces emerging. The evolution of crypto exchange development continues to be marked by innovation, regulation, and the growing intersection of traditional and digital finance.