Binance is more than just a place to buy and sell; it is full of people making big deals with digital money. Because of this, Binance puts a strong focus on keeping things secure. They use various methods to keep user accounts and money safe, including 2FA, an extra layer of security for logging in, and a special safety net fund called SAFU to help protect users' money all day.
Yet, internal measures are just one side. Regulatory compliance is equally important. Binance operates globally, where regulatory compliance is a complex, high-drama act. The company engages with various financial regulations, a necessary step for any entity operating in multiple jurisdictions. According to data on Binance, the platform is proactive, seeking collaborative relationships with global regulators and working to meet various countries' financial security standards.
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Source: Utoday_en - 🏆 295. / 63 Read more »