Binance is trying to correct previous mistakes

It’s only been a few days since we informed you, that the biggest crypto exchange in the world will be led in Europe by a guy from Slovakia, and today we have more news about this company. Billionaire and CEO Binance Changpeng Zhao (CZ) decided in a recent interview with Bloomberg to respond to the company’s recent regulatory footprints in some countries. The company also published a so-called “crypto-rights list”.

“Industry participants have a responsibility to work with regulators and policymakers to shape new standards for crypto assets.”“

This list states that everyone should have the opportunity and the right to acquire crypto assets, as this is, after all, everyone’s right, just as everyone’s right is privacy and security. In the second point, we can find the statement: “Industry participants are responsible for working with regulators and policymakers to create new standards for crypto assets.” This sentence is more of a defensive undertone of the company, which may be related to regulatory missteps. A year ago, Binance stopped providing its services in the USA and complaints also came from several European countries. Thus, it seems that the largest crypto exchange, Binance, which initially overlooked regulatory policy, is trying to correct all its previous mistakes. However, it is questionable whether it is not too late for some markets.