๐Ÿš€ Binance is on a hiring spree! The crypto giant plans to add 1,000 new employees this year, with a major focus on compliance roles. By the end of 2024, Binance aims to boost its compliance team from 500 to 700 members. CEO Richard Teng, currently in the US, shared these ambitious targets in a recent interview.

๐Ÿ’ผ Binance is set to spend over $200 million on regulatory compliance this year, responding to a surge in law enforcement requests. With 63,000 inquiries already this year, compliance spending is expected to rise.

๐ŸŒ Despite regulatory challenges, Binance continues to expand globally, resuming operations in India and settling issues in Brazil. The future looks bright for BTC enthusiasts!