It was like that for me until the update a few days ago.For me, it still worked. I was able to use every cheat except for all skills.
I believe neither, you should be using the exe. located in the file "bin" which is located in the steam folder.Which exe should I be using in the steam folder? There are two. A regular one and one with the word OLD in it.
If anyone is still having issues with the EAC (AntiCheat) system not letting you activate Mr.Anti's cheats, simply delete the START.exe out of the DB Xenoverse 2 folder, but ONLY if you are going to play the Story Mode. Deleting it will remove access to Multiplayer Matches. So back it up somewhere for later use and then delete it from the folder.