Binance Claims 25% of Staff Work in Compliance Roles

Binance Rejects Sanctions Evasion Claims, Reports 97% Drop

Binance has reported a reduction in its exposure to sanctioned entities, citing a 97% decline since January 2024. The announcement follows accusations of sanctions violations and claims that investigators were dismissed for raising compliance concerns. Binance Outperforms Global Peers Recent reports from Fortune claimed that several investigators were terminated after flagging over $1 billion in transactions linked to Iranian counterparties, pri…

Binance Compliance Data Shows 97% Sanctions Reduction Since 2024 Amid Media Scrutiny

TLDR: Binance cut sanctions-related exchange volume exposure by 96.8%, falling from 0.284% to just 0.009% by July 2025. Direct exposure to four major Iranian crypto exchanges dropped 97.3%, from $4.19M in 2024 to $110K by January 2026. Over 71,000 law enforcement requests were processed in 2025, with $131M in illicit funds confiscated by authorities. More than 1,500 Binance employees, roughly 25% of global headcount, are dedicated to compliance…

Binance’s Iran Problem: How Internal Compliance Failures Led to a Wave of Employee Firings and Renewed Regulatory Scrutiny

The world’s largest cryptocurrency exchange is once again grappling with questions about its willingness to enforce sanctions compliance — this time from within its own ranks. Binance, the trading platform that agreed to a landmark $4.3 billion settlement with U.S. authorities in 2023, has fired a group of employees connected to alleged efforts to serve Iranian users in violation of international sanctions, according to a report by The New York …

Binance Says Sanctions Exposure Fell 97% Since 2024

The post Binance Says Sanctions Exposure Fell 97% Since 2024 appeared on BitcoinEthereumNews.com. As per the reports, Binance also utilised the opportunity to double down on its compliance efforts, mentioning that around 25% of its headcount over the globe is committed to compliance. Between January 2024 and January 2026, Binance suppressed direct exposure to the 4 top exchanges of Iran by over 97%, from $4.19 million to $110,000.  Binance, a pr…

Binance Defends Global Compliance Program Following Significant Reduction in Sanctions Exposure

Binance has reported a 96.8% decrease in sanctions-related transaction exposure since 2024, countering recent media reports regarding the effectiveness of its regulatory controls. Binance released a comprehensive compliance update on February 23, 2026, revealing that its sanctions-related exposure dropped to just 0.009% of total exchange volume by July 2025. The exchange currently employs over 1,500 […]

Binance Denies Iranian Sanctions Allegations: Report

Binance rejects claims that it fired investigators over potential Iranian sanctions violations. The company reports a 96.8% reduction in sanctions-related trading. A Fortune report claims that the firm was involved in $1 billion Iranian-linked transactions. Global crypto exchange Binance is defending its compliance program after recent reports questioned its oversight and regulatory controls. The crypto exchange argues that those reports misrepr…