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Crypto Exchange Binance Eyes Significant Compliance Team Expansion

  • The compliance team at Binance is set to expand by 34% before the end of the year.
  • The team will have over 1,000 personnel, including 645 full-time employees.
  • Binance has intensified its commitment to regulatory adherence after reaching an agreement with US officials in 2023.
  • The exchange has hired executives with regulatory and compliance experience, including CEO Richard Teng.

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