- The largest cryptocurrency exchange by trading volume, Binance, is hiring new staff for its compliance department. By the end of this year, there will be 645 full-time employees and over 1000 part-time employees in the department. All of them will be responsible for ensuring compliance with regulatory requirements.

Our sector is rapidly developing, and compliance has become a key factor for protecting users, business success, and sustainable growth. Binance's efforts to comply with regulations reflect our commitment to establishing industry standards, said Noah Perlman, the chief compliance officer of the exchange.

According to Binance representatives, preference in hiring is given to employees who have previously worked in traditional financial and government institutions. The names of those who will hold leadership positions in the department are already known. Thus, Todd McAlduff will be the chief compliance officer. Céline Inial has been appointed as the chief regulatory officer in France, and Caner Akyürek in Turkey.