{"id":139107,"date":"2023-09-02T02:21:44","date_gmt":"2023-09-01T20:51:44","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=139107"},"modified":"2023-09-02T02:21:44","modified_gmt":"2023-09-01T20:51:44","slug":"binances-ceo-bans-employee-futures-trading-on-90-day-rule-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/binances-ceo-bans-employee-futures-trading-on-90-day-rule-crypto-news\/","title":{"rendered":"Binance’s CEO Bans Employee Futures Trading on 90-Day Rule – Crypto News"},"content":{"rendered":"

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\u200b\u200bBinance CEO <\/span>Changpeng Zhao aka<\/span>\u00a0CZ, has set the bar high for transparency in the crypto world. Significantly, CZ has ushered in a robust policy that all Binance staff, including him, are now barred from futures trading.<\/span><\/p>\n

Binance Zero-Tolerance on Policy Violations<\/b><\/h2>\n

The announcement surfaced on Twitter, \u201cBinance employees (including me) are prohibited from futures trading. We only hold!\u201d CZ tweeted. Besides emphasizing the company\u2019s devotion to meticulous product testing, the tweet marks a clear end to staff speculative trading practices.<\/span><\/p>\n

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\u5e01\u5b89\u5458\u5de5\uff08\u5305\u62ec\u6211\uff09\u7981\u6b62\u671f\u8d27\u4ea4\u6613\u3002\u4ea7\u54c1\u6d4b\u8bd5\u56e2\u961f\u6709\u4e13\u95e8\u5206\u914d\u7684\u9650\u989d\u8d26\u53f7\u3002<\/p>\n

\u54b1\u53eahold\uff01<\/p>\n

\u2014 CZ \ud83d\udd36 Binance (@cz_binance) August 18, 2023<\/a><\/p>\n

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Additionally, Binance\u2019s latest regulation stipulates a new trading norm for its staff. Employees must hold their positions for no less than 90 days before trading. Consequently, this is expected to curb short-term speculation. Moreover, it\u2019s likely to foster a stable, long-term mindset toward crypto investments.<\/span><\/p>\n

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However, rules are only as good as their enforcement. Recognizing this, Binance has established an internal security team. This team\u2019s core duty is monitoring employee trading activities across various platforms. Binance\u2019s stance is clear that any violations of the new trading restrictions will lead to immediate job loss.<\/span><\/p>\n

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The timing of Binance\u2019s decision couldn\u2019t be more apt. With the crypto exchange under increased regulatory scrutiny<\/a>, CZ is adopting proactive compliance measures. Hence, <\/span>Binance\u2019s<\/span> actions aim further to bolster its image as a trustworthy cryptocurrency exchange.<\/span><\/p>\n<\/blockquote>\n

Binance\u2019s latest measures are more than mere regulations. They signal a move towards creating a transparent and accountable crypto trading culture. As the sector grapples with regulatory shifts, Binance\u2019s proactive self-regulation sets an exemplary tone. Through its bold moves, the exchange showcases that fair play and transparency aren\u2019t mere words but actions that hold immense weight in digital assets.<\/span><\/p>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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\u200b\u200bBinance CEO Changpeng Zhao aka\u00a0CZ, has set the bar high for transparency in the crypto world. Significantly, CZ has ushered in a robust policy that all Binance staff, including him, are now barred from futures trading. Binance Zero-Tolerance on Policy Violations The announcement surfaced on Twitter, \u201cBinance employees (including me) are prohibited from futures trading. […]<\/p>\n","protected":false},"author":2,"featured_media":106059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-139107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=139107"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139107\/revisions"}],"predecessor-version":[{"id":147846,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139107\/revisions\/147846"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/106059"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=139107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=139107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=139107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}