Binance, the leading cryptocurrency exchange, has announced it is preparing changes to be able to work with regulators more closely.

Its CEO, Changpeng Zhao, stated the company is ready to apply the needed revisions to transform the exchange into a regulated financial institution in the future.

This is Binance’s answer to a series of regulatory issues it has been facing with regulators from all over the world. With the mass adoption of Blockchain and cryptocurrencies.

The world leading crypto exchange have declare readiness to work with cryptocurrencies regulations in different parts of the world. Th benefits of this, it will increase confidence of investors in the crypto space and also increase mass adoption globally.