• Binance saw steady growth in 2022, securing 14 licenses and increasing its headcount to 7,500 people representing over 100 nationalities.
• The exchange holds 14 licenses from 14 different countries across the globe, including Abu Dhabi, Dubai, South Africa, France, Italy, Spain, Cyprus, Australia, and New Zealand.
• Binance enhanced its capabilities in the area of security and compliance by increasing its security and compliance staff by 500% in 2022.
Binance has seen notable growth in the year 2022, taking its headcount from 500 to 7,500 people, representing over 100 nationalities. In addition to its expanding staff, the exchange has also secured 14 licenses from 14 different countries across the globe, including Abu Dhabi, Dubai, South Africa, France, Italy, Spain, Cyprus, Australia, and New Zealand. Binance now serves over 120 million users from all over the world and currently operates in over 140 countries.
The exchange has also increased its focus on security and compliance, growing its security and compliance staff by 500% in 2022. Binance CEO Changpeng (CZ) Zhao has emphasized the importance of staying user-focused, saying, “Amid the noise that impacts token prices, projects‘ reputations, and the fortunes of individual investors, my goal has been to keep everyone at Binance focused on things that matter the most: building and staying user-focused. I am proud that we remained true to these core values in everything we do.”
In addition to its increased focus on security and compliance, Binance has also sought to ensure that it meets all local regulatory requirements in the countries it operates in. The exchange has been engaging with the regulators of these countries to ensure that it is always compliant and up-to-date with the latest regulations.
Overall, Binance has seen steady growth and success in the year 2022. With its expanding headcount and licenses, as well as its focus on security and compliance, the exchange is well-positioned to continue its success in the years ahead.