Although Teng’s brief tenure as CEO has actually accelerated Binance’s compliance efforts, the trade started making an effort to be extra compliant with regulators properly earlier than Zhao stepped down in November 2023. Tigran Gambaryan, Binance’s head of economic crime compliance, left the Inside Income Service (IRS) in 2021 to affix the trade. Noah Perlman, Binance’s chief compliance officer, began in January 2023. In 2023, Binance elevated its compliance spend by 36%.
Bitcoin reclaims $89K as decoupling narrative positive aspects momentum
Key Takeaways Bitcoin and gold are rallying collectively as traders transfer away from USD threat property. This simultaneous rise fuels...
