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Binance: Annual Compliance Spending Reaches $300 Million, Intercepts Potential Fraud Amounting to $10.53 Billion

2026-06-30 08:14

Odaily Odaily reported that Binance stated its annual compliance spending has reached approximately $300 million. During the period from 2025 to the first quarter of 2026, its internal system intercepted potential fraud totaling $10.53 billion, protecting over 5.4 million users. Binance currently employs nearly 1,500 compliance staff, a scale approaching that of major financial institutions. Since 2021, Binance has recovered over $8.2 billion in user assets and processed 313,653 law enforcement requests. This disclosure comes amid ongoing regulatory pressure on Binance. Under Europe's MiCA regulation, exchanges must obtain authorization or cease operations, and Binance faces regulatory hurdles in multiple EU countries. (FinanceFeeds)