Binance tillkännager planer på att påbörja anställningsspree 2023

• Binance recently admitted that it was not “super efficient” but was well organized to prepare for the next bull run.

• The exchange’s decision to expand its staff strength comes days after Huobi and Coinbase announced plans to reduce their workforces by 20%.

• Binance’s local arm in Sweden recently received approval from financial regulators in the country to manage and trade digital currencies.

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Cryptocurrency exchange Binance has announced plans to commence a hiring spree in 2023 despite growing concerns about its operations. While several crypto firms have reduced their headcounts in order to survive the bear market’s pressure, Binance CEO Changpeng Zhao stated on Wednesday that the company will increase its staff strength as it expands its influence into new markets.

Binance claims to have increased its staff strength in 2022 from 3000 employees to about 8000 and is looking at increasing those figures by 15% to 30%. Zhao shared the company’s expansion plans while speaking at the Crypto Finance Conference in St. Moritz, Switzerland.

Konkurrerande börser har tvingats säga upp en betydande del av sin arbetskraft efter att kryptomarknaden tappade cirka $1.4 biljoner 2022 och nyckelkryptovalutor som bitcoin och eter såg sina priser falla med mer än 60%.

Förra året tvingades flera kryptoföretag, inklusive Kraken, Huobi och Coinbase, tillkännage massiva nedskärningar som en del av skyddsåtgärder. Kraken minskade sin personalstyrka med 30%, medan Huobi och Myntbas förra veckan tillkännagav 20% uppsägningar som en del av deras ansträngningar att hålla sig flytande på björnmarknaden.

Although Binance plans to expand its workforce, Zhao admitted that the company is not entirely efficient but is well-organized for the next bull run. Zhao said the company will “continue to build and hopefully we will ramp up again before the next bull market.”

Binance får godkännande i Sverige

Trots oron för växande klyftor med tillsynsmyndigheter runt om i världen fick Binance ett uppsving efter att ha meddelat att man fått tillstånd från den svenska finansinspektionen att handla och hantera digitala valutor i landet.

Binance sa meddelande came after “months of constructive engagement” with the financial regulator. As part of the approval, Swedish residents are allowed to access crypto services on Binance. Reacting to the news, a Binance representative in the region said,

Sverige antar EU-lagar fullt ut och har ytterligare lokala krav, så vi har varit noga med att säkerställa att Binance Nordics AB har antagit risk- och AML-policyer för att matcha denna krävande standard. Vår nästa stora uppgift blir framgångsrik migrering och lansering av lokal verksamhet, inklusive anställning av lokala talanger, organisera fler evenemang och leverera mer kryptoutbildning i Sverige.

Last year, Binance received similar clearance from regulators in Spain, Dubai, France, and Bahrain. The exchange has not exactly had it easy with regulators in some countries. Authorities in nations like Canada, the US, Japan, and the UK have previously taken action against the exchange’s operations and warned prospective investors about the dangers associated with digital assets.

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