Global crypto exchange Binance has issued a detailed defense of its compliance program, saying recent media reports mischaracterize its regulatory controls and oversight efforts.
Summary
- Binance says sanctions-related exposure dropped 96.8% between January 2024 and July 2025, falling to 0.009% of total trading volume.
- The exchange highlighted major compliance investments, with over 1,500 employees — roughly a quarter of its workforce — focused on compliance, sanctions screening and investigations.
- Binance pushed back against recent media coverage, arguing reports mischaracterized its controls and overlooked cooperation with global law enforcement.
Binance pushes back on sanctions claims
In a blog post, the world’s largest crypto trading platform outlined the depth of its compliance infrastructure and pointed to measurable progress in reducing exposure to illicit activity.
Binance said its compliance framework has strengthened significantly over the past two years, including major investments in screening, monitoring and governance. The company reports a 96.8% reduction in sanctions-related exposure between January 2024 and July 2025, shrinking from 0.284% of total exchange volume to just 0.009%.
Binance also said it has cut direct exposure to key sanctioned markets by more than 97% in the same period.
According to the blog, these gains reflect structural reforms including expanded transaction surveillance, investments in compliance technology and the growth of a large dedicated team.
Binance now says more than 1,500 employees, about 25% of its global workforce, are devoted to compliance and related functions, including sanctions, counter-terrorism financing and criminal investigations.
Binance also emphasized cooperation with law enforcement, reporting that its teams supported authorities in processing more than 71,000 law-enforcement requests worldwide in 2025 and assisted in confiscating over $131 million linked to illicit activity.
The exchange highlighted that rigorous internal procedures are in place to investigate and mitigate risk when credible threat information arises.
The blog directly addressed recent press coverage it described as incomplete or inaccurate, saying some reports rely on faulty claims and a misunderstanding of how modern compliance works in crypto markets. Binance said that in every case cited, it followed industry-leading procedures and coordinated with regulators and law enforcement.
Binance’s post comes amid ongoing regulatory scrutiny across multiple jurisdictions, including recent actions in Australia and continued compliance requirements in key markets like India.
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