The Crypto market has just faced quite negative events of CZ and Binance and outside there are many rumors of a collapse similar to the event of FTX exchange. To talk about legal standards, I think Binance is still the company that does the best. Below is the information I have compiled about Binance and their journey in the past through which we can strengthen our trust in the future.

Binance was founded in 2017 by Changpeng Zhao (CZ), and within just a few years, it has become one of the largest cryptocurrency exchanges in the world. This rapid development can be attributed to several factors:

1. Technological Innovation: Binance is always at the forefront of applying new technology, from improving its trading platform to implementing advanced blockchain solutions.

2. International Expansion: Binance is constantly expanding its business globally, with the establishment of offices and cooperation with partners around the world.

3. Diverse Services: This exchange offers a wide range of products and services, from cryptocurrency trading to more complex financial services such as staking and margin trading.

Binance Policies Compliance Program

A highlight of Binance's growth is its focus on building and maintaining a robust compliance program. This not only helps them minimize legal risks but also increases trust from users and regulatory agencies.

1. AML/KYC Compliance: Binance has implemented a strict KYC/AML (Anti-Money Laundering/Customer Control) system, ensuring that they comply with global financial regulations.

2. Cooperation with Regulators: Binance continuously seeks cooperation with regulators around the world to ensure they operate within the legal framework.

3. Invest in Security and Privacy: Binance places a high priority on protecting users' data and assets, applying advanced security measures.

4. Education and Transparency: Binance also focuses on educating its users about financial safety and transparency in trading activities.