Binance Calls for Global Regulatory Frameworks for Crypto Markets, Releases 10 Fundamental Rights that Protect Crypto Users -Breaking
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Binance calls for global regulatory frameworks for crypto markets, and releases 10 fundamental rights to protect Crypto usersBinance, the world’s leading blockchain ecosystem, today announced 10 Fundamental Rights for Crypto Users that can serve as a guiding hand in regulatory discussions and development of global frameworks for crypto markets. The customer rights, as described in a series of advertisements published today globally, are meant to ensure safe access to emerging technologies, liquidity, and secure platforms among other steps to “protect users without limiting growth and innovation.”
Binance has been a community that values the daily user. We have always valued their safety and enjoyed their interaction with other members of the greater community. This is what cryptocurrency is all about and it’s crucial that we do not lose sight of this as an industry. We hope that these basic rights will give voice to people who are often silenced by high-finance.
said Binance CEO “CZ” (Changpeng Zhao).
Binance, along with regulators and policymakers, is working to establish global regulatory frameworks for crypto. These will help users be protected and encourage innovation. This should ensure a steady growth trajectory.
Binance is a believer in Crypto Users Have 10 Essential RightsThese guidelines will be a guideline to help you have more productive discussions with other industry players, such as policymakers, innovators in blockchain, and global leaders.
In the ads describing the 10 Fundamental Rights, Binance acknowledges that greater regulation is inevitable and stresses that “smart regulation” is beneficial. “Like seatbelts in a car, a more regulated crypto market provides greater protections for everyday users.”
Regulation and innovation do not have to be mutually exclusive. As an industry, we want to make every effort to collaborate with world leaders and regulators to determine the most effective regulation policy. This will protect users while encouraging innovation. Binance is looking forward to working together with regulators and other industry leaders to improve their understanding of the sector’s potential.
CZ.
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