common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

How is Binance working to build trust and maintain its reputation amid scrutiny from US authorities?

avatarBrian WijayaNov 23, 2021 · 3 years ago1 answers

Amid scrutiny from US authorities, what steps is Binance taking to build trust and protect its reputation in the cryptocurrency industry?

How is Binance working to build trust and maintain its reputation amid scrutiny from US authorities?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    While I cannot speak on behalf of Binance, it is important to note that as a digital currency exchange, Binance operates independently from any specific regulatory authority. However, it is in their best interest to maintain a good reputation and build trust with their users. Binance has been taking steps to address the scrutiny from US authorities by implementing strict compliance measures and cooperating with investigations. They have also been transparent about their efforts to ensure the security and legitimacy of their platform. By doing so, Binance aims to build trust and maintain its reputation in the cryptocurrency industry.