We’re hiring at Binance! If you are looking for a job in Web3 and are available immediately, you should try your luck on Binance! And if you also have a legal profile, then Richard Teng’s teams are eagerly waiting for you, as the CEO recently stated that he wants to strengthen his company’s compliance. It was Bloomberg who first broke the news, and according to its always well-informed sources, the world leader in cryptocurrency is looking to hire 1,000 people, including at least 200 to expand its compliance department. Here’s what we know.
Binance plans to hire 1,000 people by the end of the year
How far is the time dismissal almost daily in the crypto ecosystem! From a month November 2022from FTX bankruptcy and the beginningcrypto winter thus we witnessed countless companies in the technology and financial sectors having to say goodbye to some of their employees. BlockFi, Crypto.com, Gemini, Coinbase, Huobi Global, Hodlnaut, WazirX, Meta, Dapper Labs, Kraken, ByBit, Gamestop, SuperRare, Consensys, Microsoft, Coindesk, Ledger and even Leader Binance they were bound to face the extent of the losses dismiss some of their associates.
But it seems that Web3 the world has eaten its black bread, and since then happy days may return dismissal they are no longer on the agenda and on the side Binancethere are even rumors that we might hire before the end of the year. According to American media Bloombergthe exchange would be borderline recruiting 1000 employees others included at least 200 would be assigned to compliance companies.
Richard Teng’s platform compliance team will grow from 500 to 700 people
When asked by the American press, Richard Teng stated that the number of employees in the compliance sector will increase in the near future from 500 to 700 people is increasing 40%. Also on the budget side, the company decided to go all out on this aspect of things with an envelope estimated at 200 million dollarsstill according to Bloomberg.
It must be said that Binance is still embroiled in legal cases UNITED STATES and even though the company has signed an agreement with the US Department of Justice, the world leader’s troubles, with a new class action lawsuit looming, may well continue. Anyway, Binance is devoted to the road compliance and trying to get license a practice in many countries around the world will therefore of course need staff to manage all these files.
The increase in global and national regulation of cryptocurrencies requires platforms to adapt and they have no choice if they want to operate legally. This is as true for Binance as it is for others, and even more so in Europe, where the regulatory framework is increasingly strict. But don’t worry, it seems to be for our own good.