Binance Employees Will Be Able to Invest Up to $5,000 in Cryptocurrency Per Year
Date: 2025-03-20 Author: Henry Casey Categories: BUSINESS
This decision is related to a statement by the former head of the exchange, Changpeng Zhao, who expressed concern in February that strict corporate restrictions distance employees from market trends. In his opinion, this hinders informed decision-making and reduces their involvement in the company's strategy.
As a result, Binance has changed its approach, trying to strike a balance between regulatory requirements and employee participation in the industry. However, strict restrictions remain for listing teams to eliminate the risk of insider trading.
In addition, the exchange continues to actively combat violations. Binance offers rewards from $100,000 to $5 million to those who provide credible information about fraud or abuse by its staff. At the same time, the platform’s security service constantly monitors possible violations and has the authority to hold those responsible accountable.
