Binance reports US$300M annual compliance spending
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- Binance said it spends about US$300 million a year on compliance and has nearly 1,500 employees in related roles.
- The exchange said its systems identified US$10.53 billion in potential fraud, scams and suspicious activity between 2025 and the first quarter of 2026.
- The figures come as Binance continues rebuilding its compliance programme following its 2023 US settlement and ongoing regulatory scrutiny.
Binance said it now spends about US$300 million a year on compliance after expanding its compliance workforce to nearly 1,500 employees and increasing investment in fraud detection, investigations and artificial intelligence monitoring.
The company said its systems intercepted US$10.53 billion in potential fraud, scams and unusual activity between 2025 and the first quarter of 2026, while noting that the figures were based on its internal reporting and had not been independently verified.
“Compliance is one of the largest investments across the company,” Binance said in a blog post.
Binance said compliance staff account for about 25% of its workforce and that it allocates about 0.22% of customer assets to compliance compared with an estimated 0.14% across the broader financial industry, while also spending more than US$3 million on compliance-related artificial intelligence computing during the first five months of 2026.
The exchange also said it has processed 313,653 law enforcement requests globally, including 72,632 during 2025 and 36,235 by June 2026, while adding that it had recovered more than US$8.2 billion in misdirected user assets since 2021, and as Binance is privately held there was no share price reaction.
The update follows Binance's 2023 settlement with the US Department of Justice, under which the exchange agreed to pay US$4.3 billion after pleading guilty to anti-money laundering, sanctions and unlicensed money transmission violations, while committing to strengthen its compliance programme.
Binance also continues to face regulatory challenges outside the United States, including changes to some European services after missing the Markets in Crypto-Assets Regulation (MiCA) licensing deadline, as the company works to demonstrate that its compliance framework has improved.