Binance, a major cryptocurrency exchange, is expanding its compliance team to cope with the increasing demand in the industry and among its users. By the end of the year, the company aims to have 645 full-time compliance staff members, which represents a 34% increase from November 2023. This growth demonstrates Binance’s commitment to maintaining a strong compliance presence as the business expands.
In summary, Binance is investing in its compliance team to keep up with the growing needs of the crypto industry and its user base. By the end of the year, the company plans to have 645 full-time compliance staff members, a 34% increase from November 2023.