Binance CEO Changpeng Zhao has announced the successful completion of a $600 million compensation program aimed at addressing the fallout from a recent technical incident that impacted certain users' stop-loss orders. As emphasized in the official statement, this initiative underscores the exchange's commitment to user protection and operational integrity.
Компенсация для пользователей
Zhao highlighted that the compensation was not only proactive but also voluntary, ensuring that affected users were adequately supported. He emphasized that the program has now been fully concluded, reinforcing Binance's dedication to maintaining trust with its user base.
Регуляторное соответствие Binance
In addition to the compensation efforts, Zhao pointed out Binance's regulatory compliance as a testament to its operational integrity. The exchange is recognized as a regulated entity in Abu Dhabi and is actively engaging with regulatory authorities worldwide, including ongoing discussions in the United States. This regulatory standing is part of Binance's broader strategy to enhance user confidence and ensure a secure trading environment.
In a recent development, Binance has launched new perpetual contracts for platinum and palladium, reflecting the current volatility in these metals' prices. This move comes shortly after the exchange's CEO announced a $600 million compensation program for affected users, highlighting Binance's ongoing efforts in the market. For more details, see read more.
