Binance to Hire 1,000 for Compliance Roles in 2024

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Crypto exchange Binance reportedly plans to hire 1,000 new employees in 2024, focusing primarily on compliance positions. This move comes as part of its strategy to address regulatory challenges, especially in the US.

The exchange’s expenditure toward compliance and regulatory adherence this year has exceeded $200 million. Binance CEO Richard Teng is currently in the US to engage with regulatory monitors and officials.

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