Binance acting as adviser to governments on crypto regulations

Binance acting as adviser to governments on crypto regulations

Move by world’s biggest digital assets exchange comes less than two years after it pleaded guilty to US criminal charges

Binance Launches BANK (Lorenzo Protocol) U Perpetual Contract with 50x Leverage Today

The post Binance Launches BANK (Lorenzo Protocol) U Perpetual Contract with 50x Leverage Today appeared on BitcoinEthereumNews.com. In a significant update, Binance has announced that it will list the BANK (Lorenzo Protocol) U Perpetual Contract today at 2:30 PM UTC+8. This listing is noteworthy as it allows traders to utilize leverage of up to 50x, enhancing trading opportunities in the dynamic cryptocurrency market. The introduction of this co…

Governments Seek Binance’s Expertise on Crypto Laws and BTC Holdings

Yes, you read that right. Binance, the exchange regulators love to keep under a microscope, is now working with governments to shape how crypto should be regulated. And not just that, they’re even helping some of them figure out how to stash Bitcoin like it’s digital gold. Let’s see why Binance advises governments on policy and what it could mean for the industry. Binance CEO Richard Teng recently said the exchange has been “actively engaging” w…

While Binance has often been criticized for his lack of compliance, his CEO argues that many governments ask him for advice on crypto regulation. We are taking stock. The Binance article advises several governments on crypto regulation appeared first on Cryptoast.

Binance Goes Diplomatic: Advising Governments On Crypto Laws

Crypto exchange Binance is remodeling its attitude toward regulation, flipping the script on its former notoriety as a pain in the neck of sorts to a role as an insider policy adviser to governments worldwide. The organization currently advises governments in several countries on crypto policy, recent quotes by CEO Richard Teng report. From Rule-Breaker To Policy Consultant “We have received in fact a significant number of proposals by several …

Binance is advising nations on Bitcoin reserves as global interest grows

Binance is reportedly guiding several governments on establishing strategic Bitcoin reserves and developing clear crypto regulations. In an April 17 interview on Financial Times, Binance CEO Richard Teng disclosed that multiple countries have approached the exchange for its expertise in navigating crypto-related initiatives. According to him: “We have actually received quite a number of approaches…