Binance trust, despite the light-touch regulation. The opinion of the investor
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The CEO of hedge Fund FX Three Arrows Capital su Zhu said that the largest crypto currency exchange on the world market Binance has won the greatest confidence among investors in the digital assets. Today, lawmakers in most countries enforce strict rules of trading digital currencies, to prevent the use of coins in money laundering and criminal schemes. Binance can be described as a poorly regulated stock exchange in comparison with the United States. However, other exchanges of this company easily comply with the regulations in Uganda, and Singapore, which degrees are not inferior to the stock exchanges in South Korea and Japan.
Since its formation Binance pays great attention to security and the protection of investors. Today, the exchange has occupied a very prestigious position, along with that never flashed in the headlines of hacker attacks or security breaches.
Although the basic platform Binance is focused solely on the trade format crypto crypto, it also owns strictly regulated exchanges format Fiat-crypto in Uganda. Soon the new Playground opens in Singapore, with the support of local authorities and financial institutions. The company definitely takes advantage of cryptoprotection rules which Malta has implemented to promote the growth of local cryptocurrency market.
Perhaps the extra points of confidence the market has earned thanks to the openness of the relationship of the CEO to cryptologist. He always tells themselves about updates, news and changes in the activities of the exchange.
Without pressure from regulators Binance voluntarily signed a partnership with . The company specializiruetsya on the analysis of data from the blockchain and keeps track of wallets and transactions that can potentially be associated with fraudulent and criminal operations.
thedo I Need to expose crypto currency exchange strict regulation?
According to the CCN, for the timely protection of investors to new stock exchanges would do well to implement tight security policy and transaction tracking. At least, not to be redundant measures . However, a well-established and trusted companies, who are aware of the responsibility for preventing crime with cryptocurrencies, it is possible to consider the introduction of the status of self-regulation, as proposed, for example, in Japan. More data to search for .
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