Binance Calls For Global Regulatory Frameworks For Crypto Markets, Publishes 10 Fundamental Rights That Protect Crypto Users

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SINGAPORE, Nov. 16, 2021 / PRNewswire / – Binance, the world’s leading blockchain ecosystem, today announced 10 fundamental rights for crypto users that can serve as a guide in regulatory discussions and the development of global frameworks for them. crypto markets. Client rights, as outlined in a series of advertisements released around the world today, are aimed at ensuring secure access to emerging technologies, liquidity, and secure platforms, among other measures to “protect users without limit growth and innovation ”.

Will Regulation Kill Crypto?

“At Binance, our priority has always been the everyday user, from their security to their experience as a member of a larger community. This is the essence of crypto, and it’s important that we don’t lose no view this as an industry. With these 10 fundamental rights, we hope to give a voice to those who have traditionally been silenced by high finance, “Binance CEO” CZ “(Changpeng Zhao) said.

Amid recent market highs, the influx of new investors, and the maturation of the crypto industry, Binance is working with regulators and policymakers to develop global regulatory frameworks that achieve the common goal of protecting users, while allowing innovation to continue in a responsible manner, ensuring a healthy trajectory for the industry.

Binance believes the 10 Fundamental Rights of Crypto Users outlined today will serve as a guide to launching more productive conversations with the entire industry, including other exchanges, blockchain innovators, policymakers, and more. world leaders.

In ads describing the 10 Fundamental Rights, Binance acknowledges that stricter regulation is inevitable and stresses that “smart regulation” is beneficial. “Like seat belts in a car, a more regulated crypto market offers better protections for everyday users.”

“Regulation and innovation are not mutually exclusive. We want to do everything we can as an industry to work with regulators and world leaders to identify what will be effective regulatory policy which, more importantly, protects users and drives innovation. At Binance, we look forward to working closely with regulators to help increase their knowledge of the industry and its possibilities, ”CZ said.

To get involved, contact [email protected].

About BinanceBinance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a suite of financial products that includes the largest digital asset exchange by volume. Trusted by millions of people around the world, the Binance platform is dedicated to increasing the freedom of money for users and offers an unrivaled portfolio of crypto products and offerings including: trading and finance, l education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information visit: https://www.binance.com

Media contact: Binance | [email protected]

SOURCE Binance

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