{"id":284991,"date":"2022-12-29T12:30:53","date_gmt":"2022-12-29T12:30:53","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=284991"},"modified":"2022-12-29T12:26:32","modified_gmt":"2022-12-29T12:26:32","slug":"binance-secures-14-licenses-grows-headcount-to-7500-in-2022","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/binance-secures-14-licenses-grows-headcount-to-7500-in-2022\/","title":{"rendered":"Binance secures 14 licenses, grows headcount to 7,500 in 2022"},"content":{"rendered":"<p>Binance saw steady growth in 2022, securing 14 licenses and increasing its headcount to <a href=\"https:\/\/www.binance.com\/en\/blog\/from-cz\/a-letter-from-our-ceo-2022-the-year-of-resilience-3832363980753069400\">7,500<\/a> people representing over 100 nationalities.<\/p>\n<p>It also grew its compliance team to 750 people from 500. As of the end of 2022, the exchange serves over 120 million users from all over the world.<\/p>\n<p>CEO <a href=\"https:\/\/cryptoslate.com\/people\/changpeng-zhao\/\">Changpeng (CZ) Zhao<\/a> \u00a0said:<\/p>\n<blockquote><p>&#8220;Amid the noise that impacts token prices, projects\u2019 reputations, and the fortunes of individual investors, my goal has been to keep everyone at Binance focused on things that matter the most: building and staying user-focused. I am proud that we remained true to these core values in everything we do.&#8221;<\/p><\/blockquote>\n<h2>Licenses<\/h2>\n<p>Binance also focused on securing regulatory licenses from various countries throughout the year. As of the end of 2022, Binance holds 14 licenses from 14 different countries across the globe, including Abu Dhabi, Dubai, South Africa, France, Italy, Spain, Cyprus, Australia, and New Zealand.<\/p>\n<p>The exchange currently <a href=\"https:\/\/investingintheweb.com\/blog\/binance-countries\/#:~:text=It%20offers%20its%20services%20internationally,is%20lower%20than%20other%20platforms.\">operates<\/a> in over 140 countries in the world. According to CZ's letter, Binance will continue to engage with the regulators of these countries to ensure that it meets all local requirements.<\/p>\n<h2>Security<\/h2>\n<p>Security and compliance were another highlight for Binance over the past year. The exchange enhanced its capabilities in the area by increasing its security and compliance staff by 500% in 2022.<\/p>\n<p>Binance also became the first crypto exchange to join the National Cyber-Forensics and Training Alliance (NCFTA). The exchange is working closely with traditional law enforcement to combat cybercrime.<\/p>\n<p>According to CZ, Binance's security and investigations team has responded to over 47,000 requests from law enforcement in 2022 and participated in over 70 global anti-cybercrime workshops.<\/p>\n<p>Despite its growth in 2022, Binance was not fully immune to the bear market conditions. As of Dec. 23, Binance's trading volume <a href=\"https:\/\/cryptoslate.com\/binance-trading-volume-falls-to-its-lowest-since-october-2020\/\">fell<\/a> to $9.39 billion \u2014 the lowest since October 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance saw steady growth in 2022, securing 14 licenses and increasing its headcount to 7,500 people representing over 100 nationalities. It also grew its compliance team to 750 people from 500. As of the end of 2022, the exchange serves over 120 million users from all over the world. CEO Changpeng (CZ) Zhao \u00a0said: &#8220;Amid [&hellip;]<\/p>\n","protected":false},"author":1262,"featured_media":285001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance secures 14 licenses, grows headcount to 7,500 in 2022<\/title>\n<meta name=\"description\" content=\"The exchange has 7,500 employees and over 120 million users all over the world.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/binance-secures-14-licenses-grows-headcount-to-7500-in-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance secures 14 licenses, grows headcount to 7,500 in 2022\" \/>\n<meta property=\"og:description\" content=\"The exchange has 7,500 employees and over 120 million users all over the world.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/binance-secures-14-licenses-grows-headcount-to-7500-in-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-29T12:30:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-29T12:26:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/binance-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Zeynep Geylan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zeynep Geylan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/binance-secures-14-licenses-grows-headcount-to-7500-in-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/binance-secures-14-licenses-grows-headcount-to-7500-in-2022\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person\",\"name\":\"Zeynep Geylan\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"caption\":\"Zeynep Geylan\"},\"jobTitle\":\"Journalist\",\"description\":\"Zeynep is an academic who turned to crypto in 2018. 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