Binance slashes illicit crypto exposure 96% even as volumes surge
Binance, the world’s largest cryptocurrency exchange, reported a major reduction in its direct exposure to illicit crypto activity even as global trading volumes and user engagement surged last year.
In its “State of the Blockchain 2025” report, the exchange stated that it had reduced its direct exposure to major categories of illicit funds by 96% since 2023. Currently, its compliance and related teams make up nearly a quarter of its total workforce.
Beyond compliance, Binance expanded into key markets, achieving $34 trillion in annual trading volume, and became the first global crypto platform fully authorized under the Abu Dhabi Global Market’s rules.
The numbers come as crypto crime spiked in 2025 amid surging…
