UPDATE :

Binance Boss Plans Massive Hiring Spree to Bolster Compliance :

Binance CEO Richard Teng has revealed ambitious plans to significantly expand the company's workforce by the end of 2024. The crypto exchange giant is looking to add a whopping 1,000 new employees to its ranks, with a particular emphasis on bolstering its compliance team.

This major hiring push comes as Binance continues to navigate a complex regulatory landscape and seeks to strengthen its position as a leading player in the cryptocurrency industry. By investing in a larger compliance team, Binance aims to ensure that it is fully compliant with evolving regulations and to mitigate risks associated with operating in a rapidly changing market.

This strategic move also signals Binance's commitment to responsible growth and its dedication to maintaining the highest standards of integrity and transparency in its operations.

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