Binance has increased spending by a third to comply with regulations

Home / Binance has increased spending by a third to comply with regulations

Binance said it increased its compliance spending from $158 million to $213 million.

The exchange has purchased a slew of new software systems to block and alert on suspicious transactions.
Binance also increased staffing costs, bringing back CEO Steve Christie as deputy chief compliance officer.

Binance also increased its staffing costs, bringing back CEO Steve Christie as deputy chief compliance officer.

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