TechFlow news — Binance CEO Richard Teng revealed on Wednesday in an interview with Bloomberg in New York that the company plans to hire 1,000 employees this year, with the majority focused on compliance roles.
Teng stated that Binance’s annual spending to meet regulatory requirements—including its agreement to accept U.S. regulatory oversight as part of a guilty plea—has exceeded $200 million. Teng is currently in the United States engaging in discussions with regulators and officials.




