Amid an ongoing legal face-off with the Nigerian government, one of the world’s top crypto platforms, Binance Holding Limited has promised to comply with laid down rules and regulations.
Binance’s new Chief Executive Officer, Richard Teng, who spoke with journalists during a cryptocurrency conference in Paris, France, on Tuesday, said he aims to make Binance a “user-focused and user-first organisation” that helped propel its success.
He, however, said Binance must be compliance-focused, adding that an additional regulation of the sector would provide greater clarity for industry players.
