Crypto This is how Binance is preparing for the Bull Run As global adoption of cryptocurrencies accelerates, Binance reinforces its commitment to compliance. By increasing its compliance staff by 34% by the end of 2024, the company is preparing to meet the growing demands of the industry, thus ensuring the protection of its 240 million crypto users worldwide.

Crypto Binance Bull Run

Binance increases its compliance staff: an anticipation of the Bull Run?

Binance plans to increase its compliance staff to 645 employees by the end of the year, which would represent a growth of 34% between November 2023 and the end of 2024. Currently, Changpeng Zhao's company employs more than 1,000 compliance staff and contractors. Additionally, the risk management team is about to reach its target for 2024, with 137 of the 138 planned members already in position. Although Binance has quantitative goals, the main focus remains on quality.

This expansion of the compliance staff is a direct response to the growing demand from crypto users. By strengthening its team, Binance ensures it continues to comply with international regulations and protects its users from risks.

Binance's commitment to compliance and risk management demonstrates its willingness to guide the cryptocurrency industry toward sustainable and responsible growth. By attracting top-level experts and increasing its resources, Binance is preparing to navigate an increasingly complex regulatory landscape and meet the high expectations of its users.

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A resilience despite the challenges of the cryptocurrency industry

Despite the new strict rules imposed by the SEC, Binance continues to stand firm and challenge regulatory obstacles. The company remains determined to navigate this complex landscape,

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