Binance Increases Compliance Team by 34% to 645
Binance will expand its compliance team by 34% by the end of 2024, following a 2023 agreement with U.S. authorities. Within its compliance department, Binance has undergone a hiring rush in recent times. As of the 22nd of November, the exchange announced on its Binance Square platform that it will grow the size of the […]
Binance CEO Speaks On Tigran Gambaryan’s Release
Binance CEO Richard Teng celebrates the release of his executive, Tigran Gambaryan, from Nigerian detention on health grounds. Following the release of Tigran Gambaryan, a senior executive at the cryptocurrency exchange, Binance CEO Richard Teng, spoke out. Gambaryan was accused of tax evasion and money laundering during his nearly eight-month detention in Nigeria. Nevertheless, he […]
Binance Conducts Internal Review Since CZ’s Arrest
Binance has declared that compliance is its primary concern following Changpeng Zhao’s indictment. The impact of a prospective Binance failure on the markets would be difficult to predict. With over 200 million users and $100 billion in assets on its platform, the exchange is the residence of 36% of all crypto holders worldwide. Binance Conducts […]
Binance CEO: Institutional Investors Grew 40% This Year
Binance CEO Richard Teng announced that the crypto exchange’s institutional and corporate investors increased by 40% this year. Binance CEO Richard Teng has announced that the exchange’s institutional and corporate investors have grown by 40% this year, underlining institutions’ increasing exposure to crypto assets, particularly following the launch of spot Bitcoin and Ethereum ETFs. Despite […]
Task force is Working Tirelessly to Free Exec in Nigeria – Binance CEO
Binance CEO Richard Teng has stated that his team has been working tirelessly to ensure that Tigran Gambaryan returns to the United States, as the executive’s health deteriorates daily. “We have appealed to the Nigerian government repeatedly to release Tigran […] so that he can go home and get the proper medical treatment that he […]