Binance Calls For Global Regulatory Framework For Cryptocurrency Markets, Releases 10 Fundamental Rights That Protect Cryptocurrency Users

Binance Calls For Global Regulatory Framework For Cryptocurrency Markets, Releases 10 Fundamental Rights That Protect Cryptocurrency Users

“At Binance, our priority has always been the everyday user, from their security to their experience as part of a greater community. That’s what crypto is all about, and it’s important that we don’t lose sight of that as an industry. With these 10 basic rights, we hope to provide a voice to those who have traditionally been muted by high finance,” said Binance CEO “CZ” (Changpeng Zhao).

Will regulation kill crypto?

Highlights

  • Binance believes the 10 Fundamental Rights for Crypto Users outlined today will serve as a guiding point to launch more productive conversations with the larger industry, including other exchanges, blockchain innovators, policymakers and world leaders.

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

“Regulation and innovation are not mutually exclusive. We want to do everything possible as an industry to work with regulators and world leaders to identify what is going to be the effective regulatory policy that, most importantly, protects users and spurs innovation. At Binance, we look forward to working closely with regulators to help increase their knowledge on the industry and its possibilities,” said CZ.

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.”

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To get involved, reach out to userrights@binance.com.

About BinanceBinance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, 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 | pr@binance.com

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SOURCE Binance