Binance plans to hire 1,000 new employees this year, with a focus on compliance roles.

- The company will expand its compliance team from 500 to 700 people by the end of 2024.

- CEO Richard Teng said Binance will spend over $200 million on compliance this year.

- The company received 63,000 requests from law enforcement agencies around the world in 2023.

- Binance will pay $4.3 billion in fines as part of a settlement with the US Department of Justice and other agencies.

- The exchange has resumed full operations in India and reached an agreement with Brazilian regulators.