CZ emphasized in his article, the most important role of exchanges at the moment must be to protect users. User funds cannot be used for illegal purposes and must be kept safe.
6 principles of CZ include:
It can be seen that the principles that CZ gave are the mistakes that FTX made that led to the collapse of an empire in the market. Many companies have filed for bankruptcy because of the impact. At the same time, after FTX, there have been many exchanges involved in scandals about using users’ funds in an untransparent manner.
CZ’s principles is timely and contributes to affirming the current market leadership position of Binance and CEO Changpeng Zhao.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
May
Coincu News
Fidelity's spot Ethereum ETF application does not include ETH staking, suggesting the SEC's Ethereum classification…
The SEC may greenlight Spot Ethereum ETF, requests Nasdaq and CBOE to update the applications.…
Analyst Predicts Spot Ethereum ETF approval this week to bring in $15-45 billion in flows…
Variant Fund CLO Jake Chervinsky emphasized the potential impact of a spot ETH ETF approval,…
Ethereum co-founder Vitalik Buterin emphasized the urgent need for an open and decentralized protocol to…
The SEC may approve a spot Ethereum ETF soon, balancing the SEC's Ethereum classification that…
This website uses cookies.
