Binance Australia CEO: regulations will establish higher standards in crypto

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Binance Australia CEO: regulations will establish higher standards in crypto
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  • 📰 Cointelegraph
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The crypto industry already has better self-governance than the traditional financial world could, according to Binance Australia CEO Leigh Travers. However, a lack of regulations makes it hard for service providers to prove it.

As the struggle for regulatory clarity down under rages on, Binance Australia’s CEO Leigh Travers thinks that such a framework will prove the crypto industry “holds itself to a higher standard” than many believe.

Without the regulations in place to allow such crypto services to operate, they cannot prove their viability.

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