CZ will be here to answer questions at 1:30 pm UTC in about an hour. Get answers to all your questions about Binance, cryptocurrency, blockchain, regulations, and more. In the announcement of the AMA, also updated some of the recent community notes and responded to them with the information that has been officially listed on Binance.
Binance is now a fully regulated digital asset service provider in France
On May 5, 2022, Binance officially announced that it is a French regulated and recognized digital asset service provider. As the first major global crypto exchange registered in France, Binance will be able to bring crypto education and services to millions of people and expand the reach of crypto to the country.
Binance Receives Expert License from Dubai’s Virtual Assets Authority
Dubai is the first global economy to establish a dedicated regulatory body for the VA sector. It will further develop the ecosystem run by VARA of trusted, reputable and innovative international leaders. The virtual asset exchange license issued by VARA ensures that the platform will be able to run its regional business from Dubai within the newly announced regulatory ecosystem that is subject to comprehensive legislation and policy frameworks. international application.
LUNA/UST Risk Acceptance
Recently, Binance received a lot of questions surrounding the collapse of LUNA and UST. In this FAQ article, the platform has explained in detail, learned lessons and how to fix the market for themselves and those who have invested in this cryptocurrency.
Stablecoin BUSD are regulated, licensed and backed by fiat
BUSD was created after Terra’s lesson. In the article, the question was answered about what BUSD is, the benefits it brings to the crypto user community, how to buy and withdraw BUSD and the withdrawal limit allowed.
In addition to the previously received questions from the community, the questions are still being updated and answered in the AMA at 1:30 pm (UTC) on May 21, 2022.
Information about the announcement and questions answered HERE
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.
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