* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, June 7, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

    9 things to do this weekend in Lake County plus a look ahead – Leesburg Daily Commercial

    Discover 9 Exciting Weekend Adventures in Lake County and What’s Coming Up!

    Shows to Watch – The Advocate

    Must-See Shows You Can’t Miss!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Apple Watch and the future of wearable technology in healthcare – MSN

    Revolutionizing Healthcare: The Future of Wearable Technology with Apple Watch

    ECS Professor Pankaj K. Jha Receives NSF Grant to Develop Quantum Technology – Syracuse University News

    Unlocking the Future: ECS Professor Pankaj K. Jha Secures NSF Grant for Groundbreaking Quantum Technology Development

    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Waunakee Fifth-Graders Dive into the Future at Exciting Tech Day!

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

    9 things to do this weekend in Lake County plus a look ahead – Leesburg Daily Commercial

    Discover 9 Exciting Weekend Adventures in Lake County and What’s Coming Up!

    Shows to Watch – The Advocate

    Must-See Shows You Can’t Miss!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Apple Watch and the future of wearable technology in healthcare – MSN

    Revolutionizing Healthcare: The Future of Wearable Technology with Apple Watch

    ECS Professor Pankaj K. Jha Receives NSF Grant to Develop Quantum Technology – Syracuse University News

    Unlocking the Future: ECS Professor Pankaj K. Jha Secures NSF Grant for Groundbreaking Quantum Technology Development

    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Waunakee Fifth-Graders Dive into the Future at Exciting Tech Day!

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Binance Spends $213M on Compliance, ‘Stronger Than Ever’ Says Christie

February 3, 2024
in General
Binance Spends $213M on Compliance, ‘Stronger Than Ever’ Says Christie
Share on FacebookShare on Twitter

Binance, the world’s largest cryptocurrency exchange, has significantly increased its year-over-year spending on compliance, allocating $213 million from its previous $158 million to bolster its legal-related efforts. This move comes as the exchange faces regulatory challenges and strives to enhance its compliance culture.

Compliance Focus

The increased spending reflects Binance’s commitment to compliance, contrasting its earlier approach when it gained industry prominence with a more relaxed stance. CEO Richard Teng, who took over after ex-CEO Changpeng ‘CZ’ Zhao in November, highlighted the exchange’s maturing compliance culture and gave credibility to talents, saying – “This is made possible with the quality of our talent who continue to meet the new challenges and opportunities of this exciting and fast-evolving industry.”

The increased compliance spending includes personnel costs, such as bringing back executive Steve Christie as deputy chief compliance officer. Christie emphasized the compliance culture at Binance is ‘stronger than ever’, citing the presence of chief compliance officer Noah Perlman, a former global head of financial crimes at Morgan Stanley.

Settlement and Monitoring  

In late November last year, Binance settled with the U.S. DOJ, agreeing to pay over $4 billion in fines and penalties. As part of the settlement, the exchange will accept a court-appointed monitor to ensure adherence to terms imposed by the Department of Justice, Financial Crimes Enforcement Network, and the Office of Foreign Assets Control. 

Despite regulatory challenges, Binance reported significant financial success, pulling in over $3.5 billion in new funds in January. The exchange’s total assets now exceed $80 billion, showcasing resilience and growth despite regulatory headwinds.

Achievements

In 2023, Binance welcomed 40 million new users, marking a 30% increase, bringing its total user base to over 170 million. The exchange saw a surge in Binance Pay usage and P2P services. Additionally, compliance efforts were evident, with over 60,000 requests from global regulatory authorities addressed and more than 120 compliance training sessions conducted for personnel.

Summing it Up …

Binance’s focus on strengthening compliance signifies a shift from its easy stance earlier, emphasizing a commitment to regulatory standards. The exchange’s financial success and increased user base in the 2023 Report showcase can be seen as a good sign even when the company has faced severe legal troubles. 

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/news/binance-spends-213m-on-compliance-stronger-than-ever-says-christie/

Previous Post

Oasis Network Price Prediction 2024, 2025, 2030: Will ROSE Price Go Up?

Next Post

Juipter Airdrop: Trader Traders Gain $1 Million Profit; What Next For JUP Token?

Groundbreaking study maps the movements of marine megafauna – EurekAlert!

Revolutionary Research Unveils the Migrations of Marine Megafauna

June 7, 2025
The science behind having perfect lake days – wtol.com

Unlocking the Secrets to Your Perfect Lake Day!

June 7, 2025
For both artists and scientists, slow looking allows surprising connections to surface – The Conversation

Unlocking Creativity: How Slow Looking Sparks Unexpected Connections for Artists and Scientists

June 7, 2025
Less colorful, more meaningful: Sean O’Malley thinks lifestyle changes key to reclaim UFC gold – MMA Junkie

Sean O’Malley: Embracing Lifestyle Changes to Reclaim UFC Gold

June 7, 2025
World Cup qualifying: Haaland leads Norway to its first win vs. Italy in 25 years – FOX Sports

Historic Victory: Haaland Guides Norway to First Win Over Italy in 25 Years!

June 7, 2025
City of Albertville Breaks Ground on Alleyway Entertainment Venue – WHNT.com

Albertville Unveils Exciting New Alleyway Entertainment Venue!

June 7, 2025
Eliminating Waste, Fraud, and Abuse in Medicaid – The White House (.gov)

Eliminating Waste, Fraud, and Abuse in Medicaid – The White House (.gov)

June 7, 2025
After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’ – CNBC

After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’ – CNBC

June 7, 2025
Apple Watch and the future of wearable technology in healthcare – MSN

Revolutionizing Healthcare: The Future of Wearable Technology with Apple Watch

June 7, 2025
Letters to Sports: Dodgers must figure out their injured pitcher problem – Los Angeles Times

Dodgers Face a Pitching Dilemma: How to Tackle Their Injury Woes

June 7, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (675)
  • Economy (688)
  • Entertainment (21,594)
  • General (15,269)
  • Health (9,730)
  • Lifestyle (692)
  • News (22,149)
  • People (689)
  • Politics (696)
  • Science (15,907)
  • Sports (21,192)
  • Technology (15,674)
  • World (674)

Recent News

Groundbreaking study maps the movements of marine megafauna – EurekAlert!

Revolutionary Research Unveils the Migrations of Marine Megafauna

June 7, 2025
The science behind having perfect lake days – wtol.com

Unlocking the Secrets to Your Perfect Lake Day!

June 7, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version