Crypto: This is how Binance prepares 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 prepares to meet the growing demands of the industry, thereby ensuring the protection of its 240 million crypto users worldwide.
Binance increases its compliance staff: a precursor to the Bull Run?
Binance plans to increase its compliance staff to 645 employees by the end of the year, representing a 34% growth between November 2023 and the end of 2024. Currently, Changpeng Zhao's company employs over 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 place. Although Binance has quantitative objectives, the main focus remains on quality.
