CoinBene, McAfee Alliance partner to promote self-regulation in the cryptocurrency markets

CoinBene, a Singapore-based cryptocurrency exchange, has announced its partnership with the McAfee Alliance in order to promote transparency, corporate responsibility, and self-regulation in the cryptocurrency markets.

The McAfee Alliance is aimed at uniting the cryptoverse, promoting transparency and fairness, and combating perceived corruption of some exchanges in the cryptocurrency sector.

Under the partnership, CoinBene and the McAfee Alliance will work together to promote self-regulation in the benefit of cryptocurrency users and the wider industry.

“Regulation is important in this industry because if the crypto markets don’t regulate themselves, bad actors will,” said John McAfee, Founder of the McAfee Alliance. “I look forward to uniting crypto assets and am grateful for CoinBene’s shared mission to protect involved individuals and companies.”

According to the official release, one element of the joint initiative with the McAfee Alliance will be to support cryptocurrency companies adversely affected by disputes within the exchange sector and to list its coins and tokens on CoinBene's platform without fees.

“We aim to ensure that our exchange and the industry provides cryptocurrency investors with the safeguards they should expect when investing their hard-earned money,” said Raquel Vaz, Director of International Business Development and Marketing at CoinBene. “At a time of unresolved market issues, this partnership was formed to build an industry standard and provide more security to the larger community.”