Cryptocurrency Statement by Binance: Needs a Center

According to Changpeng Zhao, CEO of the world’s largest cryptocurrency exchange Binance, in a recent interview with the South China Morning Post, the company needs to centralize its operations in order to better work with world regulators.

CEO Zhao works for the future of the company “in the industry biggest player We need to prepare ourselves for change. We’re making changes to streamline and improve workHe referred to the requirements for Binance partners to have clear records on ownership, transparency and risk controls.

Rebuild work has begun on Binance:

Binance is in the cryptocurrency market this year 2 trillion reached a value of more than a dollar, the company started to reorganize the way it works with this success.

Ranked first in the world on the crypto currency exchange Binance continues its activities without an official headquarters. This year Hong Kong, Japan and Unified Kingdom It has faced regulatory warnings and numerous restrictions on the way it works around the world, including The company’s USA It is known to be under investigation by regulators. on the market a large share The efforts of the company, which owns it, to become an institution that is fully compatible with the whole world, continue.

Zhao was recently supported by central banks. digital money release of units cryptocurrencies would also greatly benefit from increasing acceptance, making people pay their friends in other countries. bitcoin He said they’re going to start with it.