Prominent crypto exchange platform Binance, recently released a list that contains 10 fundamental rights of crypto practitioners. This comes amid the ongoing regulatory scrutiny the firm has been weathering for several months now.
The Changpeng Zhao-helmed crypto platform is of the opinion that digital currencies should favor users. Furthermore, it goes on to state that this should especially be so in areas like financial inclusion, privacy, to name a few. Binance’s document also touched on the right of users to use new and emerging technologies such as NFTs, stablecoins, staking, and yield farming.
In addition, Binance hopes that the published list will serve as a guide for further discussions and developments concerning crypto around the world. The crypto exchange believes that every individual should be privy to the financial tools that will equip them to make better informed decisions. Furthermore, Binance also states that such decisions will foster greater economic independence which will lead to more sophisticated crypto interaction.
According to Zhao, the focus at Binance has always been the “everyday user”. He specifies that the company is particular about user security but also the user’s experience as part of the larger Binance community. He added:
“That’s what crypto is all about, and it’s important that we don’t lose sight of that as an industry. With these 10 basic rights, we hope to provide a voice to those who have traditionally been muted by high finance.”
Image Credits: Pixabay
Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.
