![]() For higher-risk products, we set limits and protections to encourage responsible trading. We also invested in educational resources early on via Tutorials and Binance Academy to help users of all backgrounds make informed decisions on crypto. Therefore, we have requirements for using our platform and set industry standards: strict insider trading policies (no active trading of any asset within 30 days), a Secure Asset Fund for Users (SAFU) to protect user funds in the event of a security breach, rigorous listing standards, and a firewall to separate the listing team. Protect users’ interests firstīefore there were clear guidelines for the industry, we have always held Binance to the highest standard to prioritize our users’ best interests - a goal that we share with regulators around the world. Given the recent hyper-focus on regulation when it comes to Binance, I would like to take this opportunity to share our historical background and principles, clarify our stance and commitment, and outline our approach and plans for regulations and the sustainable development of the crypto industry going forward. ![]() ![]() Within a short period, the crypto environment has drastically grown and evolved: there are now more crypto offerings, an increasing number of first-time crypto users, and a lot more attention and debates on how the crypto industry should move forward. When Binance launched four years ago, the crypto industry was still in its infancy - with few early adopters and no clear standards. ![]() Binance CEO CZ reflects on our progress over the last four years, the current regulatory environment, and our approach for the road ahead. ![]()
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