Cryptocurrencies

Binance CEO Says Top Priority Is Hiring More Regulatory Staff

Zhao ChangpengPhotographer: Anthony Kwan/Bloomberg
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Binance Holdings Ltd. is on a hiring spree to add compliance teams as the company faces U.S. regulatory scrutiny over money laundering and tax evasion.

Changpeng “CZ” Zhao, chief executive officer of the world’s biggest crypto exchange, said his No. 1 priority is to hire people with compliance and regulatory experience. The company is also seeking regular meetings with U.S. officials.