👥 Binance is set to hire 1,000 new employees this year, with 20% focused on compliance, increasing its compliance team…

👥 Binance is set to hire 1,000 new employees this year, with 20% focused on compliance, increasing its compliance team to 700 by the end of 2024.

This move follows Binance's $200 million annual spend on regulatory compliance. CEO Richard Teng emphasized Binance's commitment to security, noting a rise in law enforcement requests and recent successes in recovering stolen funds.