Binance Fights Back in Chinese

Binance addressed the recent negative media in a Chinese language blog on its website, saying the company has “faced up” and survived the “stress test.”

The blog, published on Dec. 22, responded to seven recent talking points the media have used to cause Binance negative press. The blog swats away rumors of insolvency in the name of transparency and squashed the Mazars audit doubts, all while fighting back against a recent special report from Reuters, which was especially critical to Binance’s operations.

“Based on the principle of ‘open and transparent,’ in order not to allow the false information to be further amplified. We will sort out and respond one by one to the following frequently mentioned questions, hoping to clarify the truth,” the translated blog says.

Binance has been in the public eye since the collapse of FTX, and the company has now shifted to using the Chinese language to help fight back. FUD exists in all languages, and the recent blog is the first in Chinese from Binance that directly tackles the recent negativity.

What is Binance:

Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.

Where to find Binance:

Website | Twitter | Discord | Telegram |