Binance Roars Ahead: 14 Licenses, 7.5K Headcount, 120M Users

• Binance saw steady growth in 2022, securing 14 licenses and increasing its headcount to 7,500 people representing over 100 nationalities.
• The exchange currently operates in over 140 countries in the world and 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.

In 2022, Binance had a successful year of growth and expansion. The exchange saw its headcount grow to 7,500 people, representing over 100 nationalities. Binance also increased its compliance team to 750 people from 500, as well as its security and compliance staff by 500%.

Binance currently operates in over 140 countries in the world, and has secured 14 licenses from 14 different countries across the globe. These licenses come from countries like Abu Dhabi, Dubai, South Africa, France, Italy, Spain, Cyprus, Australia, and New Zealand. The exchange is also engaging with regulators in these countries to ensure that it meets all local requirements.

CEO Changpeng (CZ) Zhao said: “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.”

Binance is now serving over 120 million users from all over the world. In addition to its growing user base, the exchange is also actively investing in its security and compliance measures. It has implemented measures like two-factor authentication, IP whitelisting, and anti-phishing software to protect user accounts and funds.

The exchange is also making strides to become more compliant with global regulations. It has established an AML/KYC program and is now compliant with the CFT, AML, and KYC requirements of many countries.

Binance has had a successful year of growth and expansion in 2022, and it looks like the exchange is well on its way to becoming the top crypto exchange in the world. As the demand for cryptocurrencies and blockchain technology continues to grow, it will be interesting to see what the future holds for Binance and the industry as a whole.