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- Cryptography Exchange Binance announced the project to launch the cryptocurrency "Venus"
- The exchange defines Venus as "regional version of Libra"
Binance, the world's largest cryptocurrency trading center, is considering launching "Venus", calling it "an independent regional version of Libra," according to an announcement on Monday. On the astrological level, the planet in power of Libra is Venus.
Binance has announced the launch of the cryptocurrency Venus, as it is present in several countries and has set up its chain of Binance channels, hoping to break "financial hegemony" and redefine the global financial system.
"We believe that in the short and long term, stable coins will gradually replace the traditional fiduciary currencies of countries around the world and bring a new balanced standard to the digital economy," said The Block. , Yi He, co-founder of Binance.
She added, "We hope to achieve a vision of reshaping the global financial system, enabling countries to have more tangible infrastructure and financial services, protecting their financial security and increasing their efficiency. economic."
Venus is an open blockchain project aimed at developing "localized" currencies and currency holdings indexed to fiduciary currencies, said Binance in an English version of the announcement.
"Binance will provide comprehensive technical support, a compliance risk monitoring system and a multi-dimensional cooperation network to build Venus, leveraging its existing infrastructure and regulatory institutions," he added.
Binance believes that Libra is growing at an "exponential rate" and will change the global financial system by making bigger changes than the Internet. "Instead of resisting change and losing the opportunity, it's better to accept change. […] At the same time, "Balance" has to be developed in an orderly manner as part of the regulation, "added the stock market.
Binance added that he wanted more governments, businesses and organizations with a "strong influence" at the global level to work with her on the initiative. Venus.
This is a story in development …
Some statements of history are translated from Chinese.
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