Binance CEO calls for stable, clear regulations for crypto industry

Binance CEO calls for stable, clear regulations for crypto industry

FILE PHOTO: Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022. REUTERS/Tom Wilson/File Photo

Dominant cryptocurrency exchange Binance‘s chief executive Changpeng Zhao called for new but stable and clear regulations for the industry, in light of recent developments and participants “cutting corners”.