Binance Introduces Two Senior Compliance Executives

Binance has brought in two senior compliance executives from Crypto.com, with Antonio Alvarez serving as the deputy to Chief Compliance Officer Noah Perlman, and Duncan DeVille taking on the role of Global Head of Financial Crime Compliance. Both previously worked at Crypto.com and have compliance experience from institutions such as Coinbase, Visa, Western Union, and the U.S. Department of the Treasury. Binance stated that their addition is a vote of confidence in its compliance program. Over the past year, several senior employees in Binance's compliance department have left, with media reports suggesting that some departures were related to the exchange's handling of funds linked to Iran. Binance has denied these reports, asserting that its compliance system is operating normally.

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