Binance organizes a crypto consortium to revive trust in the blockchain industry

Veröffentlicht:

Aktualisiert:

Von:

Binance, die größte Krypto-Börse, versucht, das Vertrauen in die Branche nach einem Ansturm von Hacks und Betrügereien, die ihren Ruf im vergangenen Jahr zerstört haben, wiederzubeleben. Das Unternehmen trägt dazu bei, ein Konsortium befreundeter Unternehmen zusammenzubringen, die beweisen wollen, wie gut der Weltraum mit Regulierungsbehörden zusammenarbeiten kann. Vertrauen zurückbringen Wie CoinDesk berichtet, umfasst das Konsortium bereits mehrere Unternehmen, die von Einzelprojekten über Börsen bis hin zu Blockchain-Analyseunternehmen reichen. Ihr Ziel ist es, durch einen selbstregulierenden Ansatz Einfluss auf künftige Vorschriften zu nehmen und die Fähigkeit der Branche zur Zusammenarbeit mit globalen Gesetzen unter Beweis zu stellen. Dazu gehört der Nachweis, …
Binance, the largest crypto exchange, tries to revive confidence in the industry after a rush of hacks and frauds that destroyed their reputation last year. The company helps to bring together a consortium of a friendly company that want to prove how well space can work together with regulatory authorities. The consortium has already comprised several companies that range from individual projects to stock exchanges to blockchain analysis companies. Their goal is to influence future regulations through a self -regulating approach and to demonstrate the ability of the industry to work with global laws. This includes proof ... (Symbolbild/KNAT)

Binance, the largest crypto exchange, tries to revive confidence in the industry after a rush of hacks and fraud that destroyed their reputation last year.

The company helps to bring together a consortium of friends who want to prove how well the space can work with regulatory authorities.

bring back trust

As reports Coindesk, the consortium already includes several companies that range from individual projects to stock exchanges to blockchain analysis companies. Their goal is to influence future regulations through a self -regulating approach and to demonstrate the ability of the industry to work with global laws.

This includes proof that the industry participants have progressed when it comes to combating criminal elements. While crypto is often criticized as a tool for money laundering and other illegal trade, industry leaders-including Binance CEO Changpeng Zhao point out that the transparency of public blockchain is more of an obstacle for criminals is.

The consortium is not directed by Binance, but "as decentralized as possible under many different projects to ensure a coordination with the community," says a source contacted by Coindesk.

"[The Creation of the Group IS] also to ensure that there is a mechanism to point out defects and bad behavior in the industry and to avoid greater infection problems," added the person.

Gemini-a cryptocurrency exchange in the possession of the Winklevoss twins- has supported for a self-regulation organization for at least 2018. In a speech at the Texas Blockchain Summit in 2021, SEC commissioner Hester Pierce-also known as the "Crypto Mom"-also campaigned for Krypto to regulate itself.

reconstruction according to FTX

The formation of the consortium was partially motivated by the "unhealthy consolidation of power" by Sam Bankman-Fried (SBF) within the industry.

once a billionaire and often headliner in the media, SBF quickly became the greatest regret of the crypto industry after both his FTX and his sister trading desk Alameda Research had exploded in November. The former manager was widely accused of money laundering and fraud, which was about stealing the assets of FTX's users and acting them with the latter company.

After the companies had filed bankruptcy, Kraken-CEO Jesse Powell complained that the industry was released after years of regulatory progress would.

In addition to FTX, the crypto loan platform Celsius slowly takes the leadership exposed for the company still worked, including manipulation of the price of the price Cel tokens using customer deposits.

.