Binance to Hire 1,000 New Staff as Regulatory Costs Soar – Why an IPO Isn't on the Table?
Binance is expanding its compliance team by 1,000 employees to address rising regulatory demands, aiming to manage increased costs and scrutiny from U.S. authorities. The company has also prevented $2.4 billion in potential fraud losses this year, highlighting its commitment to enhancing security and regulatory alignment.
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