Crypto exchange Binance has responded to recent media reports on compliance issues by defending itself, saying its regulatory systems have been misunderstood or misrepresented.
In a blog post, the company stated that it has been working on improving internal controls, employing compliance professionals, and cooperating with regulators and law enforcement agencies to track suspicious transactions over the past few years.
Binance also pointed out that the measures have contributed to a decrease in illicit transactions on the platform and enhanced transparency.
The exchange is, in essence, trying to assure its users and regulators that it is working towards a more mature and regulated environment as the crypto space comes under increasing global scrutiny.
In addition, the exchange also stated that the recent media coverage of its compliance efforts paints an unfair picture and fails to understand the current state of crypto compliance systems.
The platform stated that some of the points raised were based on flawed assumptions and that it adhered to proper procedures and cooperated with regulators and law enforcement in all the cases mentioned.
This comes as Binance continues to face regulatory challenges in various regions, including recent events in Australia and its compliance requirements in major markets such as India.
Monitoring tools and regulatory safeguard: What all has changed?
Binance says it has significantly tightened its compliance systems over the past two years, investing heavily in monitoring tools, governance processes, and regulatory safeguards.
The company claims these efforts have sharply reduced risky activity on the platform, with sanctions-related exposure falling by nearly 97 percent between early 2024 and mid-2025.
Direct exposure to sanctioned markets has also dropped by more than 97 percent, according to the exchange. The firm says these improvements come from real structural changes, including better transaction tracking technology, stronger internal controls, and a much larger compliance team, as it tries to rebuild trust and show regulators it is operating more responsibly.
Compliance becomes core topic
In its blog post, the exchange has also stated that compliance has become a core part of how it operates, with more than 1,500 employees or about 25 percent of its global workforce, now focused on areas like sanctions checks, anti-money laundering, counter-terrorism financing and investigations.
The crypto exchange also emphasized greater collaboration with law enforcement, as it noted that its staff processed more than 71,000 requests from law enforcement agencies around the world in 2025 to freeze or recover more than $131 million related to suspected illicit activity.
Binance has claimed that it has enhanced its monitoring systems and risk management to immediately investigate threats and prevent abuse of its service as it tries to regain trust with regulators and users.