In a recent statement, Binance CEO Changpeng Zhao (CZ) denied claims that the exchange froze Palestinian crypto wallets. Zhao asserted that Binance does not discriminate based on nationality or political status. He explained that the platform adheres to international sanctions and regulations, but any actions taken are strictly in compliance with legal requirements and not based on geopolitical considerations.
Zhao highlighted Binance's commitment to maintaining a neutral stance and ensuring that all users are treated fairly, regardless of their location. He also emphasized that the platform's policies are designed to comply with international regulations while safeguarding user interests and data.
The CEO's remarks come in response to allegations that Binance had restricted or frozen accounts linked to Palestinian individuals or entities. Zhao reassured users that any restrictions applied to accounts are solely due to legal and regulatory obligations, not political motives. Binance continues to prioritize transparency and adherence to the rule of law in its operations.#ceocrypto25 #chang_peng_zhao #cryptotipshop
