Crypto Exchange Says It’ll Handle Regulators Better Than Libra
- Binance to focus on compliance for its rival stable coins
- Co-founder calls Venus a ‘Belt and Road version of Libra’
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One of the world’s largest cryptocurrency exchanges said it has learned a valuable lesson from the push back on Facebook Inc.’s Libra and will take a different approach as it works on a rival project.
Malta-based crypto platform Binance is ready to engage with all regulators from day one as it prepares to roll out its Venus digital currencies. “If we want to launch Venus in a country, we’ll make sure it complies with the regulations,” the exchange’s co-founder He Yi said in an interview.