Binance has now released the “10 Fundamental Rights for Crypto Users,” for crypto user protection.
The Bill is also a show of regulatory responsibility which Binance hopes will place in regulators’ good books.
In an effort to polish its reputation, Binance published on Tuesday what it considers basic rights for crypto users. The “10 Fundamental Rights for Crypto Users” advocates universal access to financial tools including cryptocurrency tools for economic independence. The document also calls for the strict protection of personal data to ensure user privacy.
Binance has also included in these rights what crypto platforms owe to their users. These include implementing KYC to prevent financial crimes and protecting users from bad actors. Crypto platforms should also ensure they have high liquidity in addition to accurate non-deceptive information or advertisements. Furthermore, such platforms should embrace users’ opinions regarding industry evolution.
Binance and crypto
