Binance’s Compliance Push: $200 Million and 1,000 New Hires

Quick Summary:

Many of these new hires will focus on compliance, as the company aims to bolster its regulatory efforts.

Binance, the world’s largest crypto exchange, recently shared its plans to bring on 1,000 new employees in 2024.

Reports indicate that Binance’s annual spending on regulatory compliance has jumped to over $200 million, up from $158 million […]

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Article Details

Author / Journalist: Nynu V Jamal

Category: Crypto

Markets: IndiaNigerNigeriaSingapore

Topics: Binance Coin (BNB) Market News SEC Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 06:15:00 (16 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 141 words

Reading Time: 1 minutes read

Sentences: 45 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22203998

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 23 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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