Binance CEO says crypto industry needs clarity of regulations

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NUSA DUA, INDONESIA : Dominant cryptocurrency exchange Binance's chief executive Changpeng Zhao called for new but stable and clear regulations for the industry, in light of recent developments and participants 'cutting corners'. 'We're in a new industry, we've seen in the past week, things go crazy in

NUSA DUA, INDONESIA : Dominant cryptocurrency exchange Binance's chief executive Changpeng Zhao called for new but stable and clear regulations for the industry, in light of recent developments and participants"cutting corners".

His comments come as crypto industry peers and partners outline steps to deal with the collapse of rival exchange Sam Bankman-Fried's FTX.

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