![Binance CEO, Changpeng Zhao (CZ)](https://i0.wp.com/techtrendske.co.ke/wp-content/uploads/2021/02/Changpeng-Zhao-Binance.jpg?fit=750%2C421&ssl=1)
Leading blockchain ecosystem Binance has 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 yesterday globally, are meant to ensure safe access to emerging technologies, liquidity, and secure platforms among other steps to āprotect users without limiting growth and innovation.ā
āAt Binance, our priority has always been the everyday user, from their security to their experience as part of a greater community. Thatās what crypto is all about, and itās important that we donāt 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 āCZā (Changpeng Zhao).Ā
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.
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.
In the ads describing the 10 Fundamental Rights, Binance acknowledges that greater regulation is inevitable and stresses that āsmart regulationā is beneficial. āLike seatbelts in a car, a more regulated crypto market provides greater protections for everyday users.ā
āRegulation 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,ā said CZ.
Follow us onĀ Telegram,Ā Twitter,Ā Facebook, orĀ subscribe to our weekly newsletterĀ to ensure you donāt miss out on anyĀ future updates. Send tips toĀ info@techtrendske.co.ke.