PANews
PANews|Jun 30, 2026 08:13
[Binance Reports Annual Compliance Spending of $300 Million, Blocking Over $10.53 Billion in Fraudulent Transactions] According to FinanceFeeds, Binance stated that its annual compliance spending has reached approximately $300 million. Between 2025 and the first quarter of 2026, its internal systems intercepted potential fraudulent transactions totaling $10.53 billion, protecting over 5.4 million users. Binance currently employs nearly 1,500 compliance staff, a scale comparable to large financial institutions. Since 2021, the exchange has recovered over $8.2 billion in user assets and processed 313,653 requests from law enforcement agencies. This disclosure comes as Binance faces regulatory pressure, with the European MiCA regulations requiring exchanges to obtain authorization or cease operations. Binance is encountering regulatory resistance in multiple EU countries.
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