Binance has recruited two senior compliance executives from rival exchange Crypto.com, a move that signals the company is still actively trying to shore up what has been, to put it diplomatically, a turbulent compliance operation. The hires come after a string of departures from Binance’s compliance and financial-crime monitoring teams earlier in 2026, and against the backdrop of a regulatory reckoning that began with the exchange’s guilty plea in 2023 over sanctions and anti-money-laundering violations in the US. The compliance revolving door Binance brought in Noah Perlman as Global Chief Compliance Officer in 2023, poaching him from Gemini. Reports from early April 2026 highlighted notable turnover in Binance’s financial-crime and sanctions compliance roles. There were even discussions about whether Perlman himself might depart. Pulling two experienced compliance professionals from Crypto.com, which has built a reputation for aggressively collecting regulatory licenses across multiple jurisdictions, is a direct response to that staffing gap. The specific identities and titles of the new hires have not been publicly disclosed. Why Crypto.com’s bench matters Crypto.com is not a ra...
Binance hires two senior compliance executives from Crypto.com
1 month ago
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