Binance has pushed back against recent media reports, publishing a detailed defense of its compliance program and detailing what it says are sharp reductions in exposure to sanctioned and illicit activity. In a blog post, the world’s largest crypto exchange said press coverage has mischaracterized its regulatory controls and oversight. Binance argues that its compliance framework has been significantly strengthened over the past two years through major investments in screening, transaction surveillance, governance and compliance technology — along with a substantial expansion of its compliance personnel. Key figures Binance highlighted: - 96.8% reduction in sanctions-related exposure between January 2024 and July 2025 — down from 0.284% of total exchange volume to 0.009%. - More than a 97% cut in direct exposure to key sanctioned markets over the same period. - Over 1,500 employees (about 25% of Binance’s global workforce) now work in compliance-related roles covering sanctions, counter‑terrorism financing and criminal investigations. - Support for law enforcement: Binance says it handled more than 71,000 law-enforcement requests worldwide in 2025 and helped seize over $131 million linked to illicit activity. Binance framed these results as the outcome of “structural reforms,” including expanded transaction surveillance and a larger, specialist compliance team. The company also emphasized that it follows industry-leading procedures and coordinates closely with regulators and law enforcement when credible threat information arises. The blog post arrives as Binance faces ongoing regulatory scrutiny in multiple jurisdictions — including recent actions in Australia and continued compliance requirements in markets such as India — and is clearly intended to rebut reporting it described as incomplete or based on misunderstandings of how modern crypto compliance works. Read more AI-generated news on: undefined/news

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