Binance Hired Over 4000 Employees in 2021-22: CZ Responds to Compliance Allegations

In 2021 and 2022, Binance significantly expanded its workforce, hiring over 4000 employees. This growth reflects a strategic shift towards enhanced regulatory compliance as the world\'s largest crypto exchange navigates increased scrutiny.

Binance CEO Changpeng "CZ" Zhao has addressed recent regulatory pressures, comparing them to the challenges faced during the early development of the automotive industry. He emphasizes Binance\'s commitment to evolving within the evolving regulatory landscape.

Massive Investment in Compliance: This move comes as Binance’s annual expenditure on regulatory compliance has exceeded $200 million, reflecting the company’s commitment to meeting regulations globally. 22 de nov. de 20, Binance has increased compliance spending by 36%, hiring experts from traditional finance and government agencies. The exchange’s compliance efforts are now a top priority.

Compliance Team Expansion: Binance is on a hiring spree in its compliance department and will increase the team size by 34% by the end of the year, the exchange announced on its Binance Square platform. Binance aims to increase compliance staff to 645 by year-end, boosting regulatory focus. Spending on compliance grew 36% in 2025 as the firm addresses past regulatory concerns.

Recent Headcount Increase: The world’s largest crypto exchange, Binance, has ramped up its headcount by 1,000 this year, with at least 20% of the new staff focused on compliance. This highlights Binance\'s ongoing dedication to strengthening its compliance infrastructure.

Binance continues to adapt and invest heavily in compliance, demonstrating its commitment to operating within legal frameworks worldwide.