A place for developers to talk about building on Farcaster.

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Binance plans to hire 1,000 new employees in 2024, mostly focused on compliance-related roles.  The company's annual cost of regulatory requirements, including US oversight under an agreement, now exceeds $200 million.

Binance's decision to hire 1,000 compliance-focused employees and the significant cost of regulatory requirements demonstrate the company's commitment to ensuring regulatory compliance. This move could enhance transparency and trust within the crypto industry.