CoinBene, a cryptocurrency asset exchange, has formed a partnership with the McAfee Alliance, founded by John McAfee, to “promote transparency, corporate responsibility, and self-regulation in the cryptocurrency markets.”
The McAfee Alliance seeks to “unite the cryptoverse, promote transparency and fairness, to combat perceived corruption of some exchanges in the cryptocurrency sector.”
One element of the 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.
This announcement comes following the initial announcement during a presser with both parties on the CoinsBank Blockchain Cruise on September 11, 2018.
CoinBene and the McAfee Alliance expect to “work together to promote self-regulation in the benefit of cryptocurrency users and the wider industry.”
John McAfee says that regulation is important in this industry because if the crypto markets don’t regulate themselves, bad actors will.
“I look forward to uniting crypto assets and am grateful for CoinBene’s shared mission to protect involved individuals and companies.”
Raquel Vaz, Director of International Business Development and Marketing at CoinBene, adds that they aim to ensure their exchange and the industry provides crypto investors with the safeguards they should expect.
“At a time of unresolved market issues, this partnership was formed to build an industry standard and provide more security to the larger community.”
CoinBene claims to be one of the largest exchanges in the world with an average of USD $4 billion negotiated through the platform each month.