Changpeng Zhao (CZ), Binance CEO on Tuesday shared the crypto exchange’s response letter sent to US Senators Warren, Van Hollen and Marshall led inquiry. This comes at a time when the Commodity Futures Trading Commission (CFTC) alleged the world’s largest crypto exchange of violating trading rules.
As per the letter, Binance filed the response on March 16th, 2023. He called it an effort to be more transparent in dealing with regulators and challenges faced by crypto firms.
It stated that the Senators’ letter cited several incorrect or incomplete articles targeting Binance. The response focuses on regulation, compliance and transparency.
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The post Just-In: Binance CEO CZ Replies To US Senators Inquiry, Shares Response appeared first on CoinGape.
Source: https://coingape.com/binance-ceo-cz-replies-to-us-senators-inquiry/