Binance Honored as Digital Assets Exchange of the Year for Compliance and Innovation
Binance Blog published a new article, highlighting Binance's recent accolade as the Digital Assets Exchange of the Year by Regulation Asia. This recognition underscores Binance's leadership in compliance, transparency, and innovation within the digital asset industry. The award was presented at the 8th Regulation Asia Awards for Excellence 2025 in Singapore, where industry leaders and regulators gathered to celebrate achievements in the digital asset space.
Binance's commitment to compliance and innovation has been pivotal in its recognition. The Regulation Asia Awards for Excellence honor organizations that set new benchmarks for regulatory integrity and market development. Binance's efforts in strengthening compliance frameworks, advancing crime prevention, and pioneering educational initiatives have been acknowledged as exemplary. A judge from the awards panel noted Binance's transformative journey over the past year, emphasizing its commitment to rebuilding its compliance foundation and setting a new industry standard. Richard Teng, CEO of Binance, expressed that the award reflects Binance's dedication to leading the industry responsibly through compliance, user protection, and innovation.
Over the past year, Binance has invested significantly in compliance and security, allocating hundreds of millions of U.S. dollars to these initiatives. The company has expanded its global compliance team to 1,280 members and holds 22 regulatory approvals worldwide, the highest among global crypto exchanges. Binance has also enhanced its Law Enforcement Training Program, delivering over 400 sessions globally and training thousands of officers, prosecutors, and financial investigators. In addition, Binance has implemented advanced AI-powered systems to strengthen user protection and fraud prevention, preventing over $4.2 billion in potential user losses and recovering $88 million in stolen funds in 2024. The Secure Asset Fund for Users (SAFU) remains valued at $1 billion, providing an additional safeguard in extraordinary circumstances.
Binance continues to lead in innovation and education, with initiatives such as the Binance Web3 Wallet, Copy Trading, and Banking Triparty solutions expanding access to digital assets and bridging traditional finance with Web3. Binance Academy has reached 64 million learners, offering free education on blockchain, crypto, and financial literacy. Nils Andersen-Röed, Global Head of the Financial Intelligence Unit at Binance, accepted the award, stating that it is an honor to receive such recognition from industry leaders and regulators. He emphasized that compliance and innovation are intertwined, and Binance remains committed to collaborating with regulators, law enforcement, and industry partners to foster a transparent, secure, and inclusive digital asset environment.
Binance's recognition as Digital Assets Exchange of the Year marks a significant milestone in its journey of responsible growth. The company's investments in compliance and user protection, along with its continued innovation and education efforts, reflect a long-term vision for a transparent and trusted digital asset ecosystem. As the industry evolves, Binance remains focused on building a safer, smarter future through responsible innovation.