NEW: Binance boss met with UK government officials last week in Westminster ‘charm offensive’ by RyanJamesWeeks
Zhao met with a group of policy experts including officials from Downing Street and the Treasury.
In his speech, Zhao conceded that mistakes had been made building the crypto exchange into the behemoth it is today — but stressed that he now wants to engage more proactively with regulators. One person at the event said Zhao’s speech gave the impression that Binance is now pursuing compliance “in a much more serious way than they have before.”
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