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Furthermore, as regulatory frameworks for our young crypto industry continue to shape up worldwide, Binance Futures is taking concrete steps in our commitment to compliance and working with regulators to protect users, encourage innovation, and build a fair and sustainable industry. Multiple bounces on the support area confirms how important the level is. In a separate session at the same event, Bankman-Fried said that FTX was looking to work with regulators to build up regulatory regimes, especially for crypto derivatives as the crypto industry shifts towards getting more regulated and licensed.