Coin-Miners - Crypto Currency Tracker logo Coin-Miners - Crypto Currency Tracker logo

Cryptoknowmics 2022-08-30 13:00:28

Binance Australia Adopts Measures to Protect Vulnerable Investors

Binance Australia published a blog for the June quarter on its Environmental, Social, and Governance report. However, the exchange’s commitment to safeguarding vulnerable investors is one of the main lessons to be learned from the blog. According to the blog, adopting crypto and user protection were two critical topics for study and development. Binance Australia, the world’s first digital currency exchange to commence reporting on Environmental, Social & Governance (ESG) metrics under a universal framework developed by the World Economic Forum (WEF), provides an update on the June quarter of progress on ESG initiatives. — Binance Australia 🇦🇺 (@Binance_AUS) August 30, 2022 User-Focused Experience According to the site, the exchange is creating a rigid, user-focused onboarding experience. The action directs at demographics more likely to be taken advantage of in this new development. CEO of Binance Australia, Leigh Travers, stated that the company aggressively works to assist vulnerable investors. The procedures will start as soon as new users enter the onboarding process. As part of the user onboarding process, Binance Australia will begin implementing more strict identity requirements on September 1. The company will no longer enable consumers to submit their driver’s license later and will instead need a photo and number of the right at the time of registration. It will allow Binance to recognize a susceptible user, quick...

freebitcoin
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.