Binance CEO says crypto industry needs clarity of regulations - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Dominant cryptocurrency exchange Binance’s chief executive called for new but stable and clear regulations for the industry, in light of recent developments and participants “cutting corners”.

A representation of cryptocurrencies in this illustration

“We do need some regulations, we do need to do this properly, we do need to do this in a stable way.” FTX filed for bankruptcy on Friday after a week of seeing customers pull assets and Binance abandoned a rescue offer.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sovereigns vs Corporations Control vs God-given Freedoms

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS

Business Business Latest News, Business Business Headlines