Binance's latest statement: The full-time compliance team is expected to reach 645 by the end of the year, a year-on-year increase of 34%

2024-11-22 18:16:26

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ChainCatcher news, according to CoinDesk, Binance stated in its latest announcement that it expects its full-time compliance team to reach 645 people by the end of 2024, a 34% increase from November last year. Including contractors, there are currently over 1,000 employees focused on compliance work.

Binance's Chief Compliance Officer Noah Perlman stated that the crypto industry has entered a new stage of maturity, where regulatory compliance has become a fundamental standard for user experience and protection, business success, and responsible growth. The latest compliance talents include former PayPal Global Financial Crimes Compliance Head Todd McElduff, as well as special investigation experts Céline Inial and Caner Akyürek from law enforcement agencies in France and Turkey, with nearly 20 years of experience. In 2023, Binance's compliance spending increased by 36% year-on-year.

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