Binance, one of the world’s leading cryptocurrency exchanges, has experienced consistent growth in 2022, adding 14 new licenses to its portfolio and growing its workforce to a diverse team of 7,500 employees representing over 100 nationalities.
The company has also made significant efforts to prioritize compliance, increasing the size of its compliance team from 500 to 750 people. These efforts have paid off, as Binance has seen tremendous success in recent years, with a user base of over 120 million people from all corners of the globe.
“My goal has been to keep everyone at Binance focused on things that matter most: building and remaining user-focused, amidst the noise that influences token prices, projects’ reputations, and the fortunes of individual investors. I’m pleased that we have always upheld these fundamental principles,” said CEO Changpeng Zhao (CZ).
Binance has made significant strides in recent years in improving its security and compliance measures. The exchange decided to significantly increase its security and compliance staff in 2022, increasing its capabilities in this area by a whopping 500%.
That said, Binance’s efforts to ensure the safety and security of its platform and users do not end there; the exchange became the first crypto exchange to join the National Cyber-Forensics and Training Alliance (NCFTA), a prestigious organization that works closely with traditional law enforcement to combat cybercrime.
Binance’s dedication to security and compliance is reflected in the exchange’s success in this area.
According to CZ, Binance’s CEO, the exchange’s security and investigations team has responded to over 47,000 law enforcement requests in 2022 and has attended over 70 global anti-cybercrime workshops.
These impressive numbers demonstrate Binance’s commitment to ensuring the safety and security of its platform and users, as well as its willingness to collaborate with law enforcement in the fight against cybercrime.
The exchange has continued to innovate and adapt to the rapidly evolving world of cryptocurrency, consistently introducing new features and services to meet the needs of its users.
Binance has also made a solid commitment to security, implementing cutting-edge technology and protocols to safeguard its customers’ assets.
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