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What is the future of Binance's compliance program? Listen to our experts

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发表于 2024-3-9 11:38:59 | 显示全部楼层 |阅读模式

Binance has published a series of six videos in which our compliance experts give us their opinion on various aspects of the essential work they do.

In the last video of this series, we will see what our leaders think about the future of Binance and its compliance program.



In the final episode of the series focusing on Binance's compliance program and its leaders, we attempt to discern what the future holds for Binance, its compliance efforts, and the industry as a whole.

According to Matt Price, international director of information and research, Binance will continue to grow as cryptocurrency adoption becomes more widespread. However, this also means that criminals will continue to try to use this technology for their own purposes. All in all, in the last two years we have witnessed an exponential growth in research capabilities worldwide.

Now there are more players in the space who continue to innovate and provide new techniques and functions that were not available before. The scope of cryptocurrency-related research will also expand and attract a greater number of experts from different backgrounds.

For his part, Chagri Poyraz, international director of sanctions, shares his opinion that Binance is an actor that is laying the regulatory foundations for the sector and promoting constructive dialogue. Furthermore, he states that Binance will continue to proactively collaborate with both governments and regulatory entities. In this way, regardless of the sector it is in, Binance will lay the regulatory foundations and forge the culture of this space.

Richard Teng, Regional Director of Ecuador Mobile Number List Europe and MENA, believes that an incredibly promising future awaits the cryptocurrency sector and Binance. According to Teng, the sector will go through a period of dizzying growth and full of changes. Entities such as family wealth management offices and hedge funds will want to increase their share in this space, generating much more demand.

Additionally, Richard hopes that many more positive uses for digital assets will emerge in the future, making it easier to adopt cryptocurrencies. Regulations will become more unified over time, making it easier for cryptocurrency players like Binance to comply with a single set of rules that apply equally around the world.

Steve Christie, Chief Compliance Officer at Binance, also offers his unique opinion in this week's video. Steve emphasizes that Binance is in a unique position to bring together different products, services and businesses in a single ecosystem. In terms of compliance, this can provide us with endless opportunities, such as being able to create customer profiles that can have access to the different platforms that are part of the ecosystem through a single verified KYC token.
               


Additionally, Steve also comments that if we can get our customers to trust these types of digital identity solutions, it would significantly improve the user experience. Without a doubt, it is an exciting vision of the future, but only a company with the huge customer base and the varied offering of products and services that Binance has could make it a reality.

Tigran Gambaryan, chief compliance officer for financial crime prevention, is very optimistic about the future of the sector. He claims that Binance is poised to support the growth of the cryptocurrency sector as a whole. For its part, the Tigran team plays a key role in supporting the company's operations and will continue to collaborate with law enforcement agencies around the world to combat financial crime. Today, we continue to hire and expand as Binance's business grows.

Don't miss the latest episode of this series to hear these incredible experts' thoughts on the future of Binance. If you couldn't see the other videos, we leave you their links below.


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