The centralized exchange issue with Monero is over now because you can access Monero through bridges.

Secret Network has wrapped Monero, full defi functionality and and a bridge to the Monero network and vice versa. These are autonomous and permissionless, so the trusted swappers and goodwill of exchanges is no longer needed. Regulators were playing whack a mole with their relationships to exchanges that listed Monero and now the technology improved to make that approach irrelevant: Antifragile in action.