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The crypto industry may be approaching its first billion users, says Binance CEO @_RichardTeng. With 240M+ users already on board, @binance is among the platforms preparing for this next wave of adoption. https://t.co/O6WDDDLpnV
BINANCE LEVELS UP ITS COMPLIANCE GAME Binance's ramping up its compliance staff by 34% YoY—expecting 645 full-timers by December; over 1,000 compliance-focused employees are already on deck. New CEO Teng's been all in on cleaning up the exchange since CZ stepped down: top hires… https://t.co/HvMK78CKv6
BINANCE’S COMPLIANCE STRATEGY FOR SUSTAINABLE GROWTH Binance’s compliance team is growing 34% YoY, with plans for 645 full-time staff; the move reflects a more serious regulatory approach under new CEO Richard Teng—especially after the $4.3B settlement. Binance is hiring… https://t.co/VfwhAd1Joo
Binance, the world's largest cryptocurrency exchange, has significantly expanded its compliance department in 2024, growing by 34% year-over-year. This expansion reflects a strategic shift towards a more serious regulatory approach under the leadership of new CEO Richard Teng. The compliance team is expected to reach 645 full-time staff by December, with over 1,000 employees already focused on compliance. This move comes in the wake of a $4.3 billion settlement and aims to foster sustainable growth in the crypto industry, which is approaching its first billion users, according to Teng, with Binance already boasting over 240 million users.
