Crypto firm pushes for global regulatory framework

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Posted on November 23, 2021

Binance, a cryptocurrency exchange, said it was working with regulators and policy makers to develop a global regulatory framework for the crypto ecosystem.

According to a statement, the company is working on a framework that will protect users and enable innovation in the sector.

Amid recent market highs, an influx of new investors and the maturation of the crypto industry, Binance is working with regulators and policy makers to develop global regulatory frameworks that achieve the common goal of protecting users, while allowing innovation to continue responsibly, ensuring a healthy trajectory for the industry, ”he said.

The company also announced new fundamental rights for crypto users.

According to Binance, customer rights are intended to ensure secure access to emerging technologies, liquidity, and secure platforms.

Binance CEO Changpeng Zhao said, “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 sight of this as an industry.

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