Binance CEO Changpeng Zhao praised the digital asset report published by Biden’s management, although it was not well received by some corners of the crypto industry.
“It’s good to see the US. Stepping into the framework of the proposed digital currency,” Zhao said on the topic.Twitter “Just getting it right will protect consumers, markets and spark innovation… With the US government’s approach to crypto regulation, it will bring much-needed consistency and clarity. compared to the patchwork of state laws and regulations governing this area.”
The report released Friday is a key step in the US government’s efforts. In laying out the policy framework for cryptocurrencies This includes additional support for central bank digital currency (CBDC) research and action plans for the abuse of digital assets by malicious actors.
Zhao, in particular, focuses on consumer protection, fraud and financial crime, saying that Binance is open to working with regulators.
Last week, during Binance Blockchain Week in Paris, the CEO praised the EU’s Markets in Crypto Assets (MiCA) law. By saying that it will become “Global Governance Standards”
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