The Path Forward for Binance Compliance Program

"Compliance always needs to be improving.” - Noah 

In this episode Ian Andrews (CMO, Chainalysis) speaks to Noah Perlman (Chief Compliance Officer, Binance), whose exchange was very focused on trading and users in the early days and now turning the  page to building out a robust Compliance program.

Noah shares his journey from being a prosecutor at the US Attorney's Office, working at Morgan Stanley, to his current role at Binance. 

He discusses the challenges and opportunities of working in compliance in the crypto industry, the importance of trust and transparency and the steps Binance is taking to improve its compliance program.

Noah also talks about the collaboration between Binance and law enforcement agencies, the regulatory landscape in different countries, and his excitement for innovation and the future of centralized exchanges vs decentralized platforms. 

Minute-by-minute episode breakdown

2 | Noah's transition from a prosecutor to Chief Compliance Officer at Binance 

6 | Experience and cultural differences between TradFi and Crypto 

9 | Importance of rebuilding trust in the crypto market and industry 

12 | Impact of the settlement with the US government on Binance and Chief Compliance Officer role 

15 | Collaboration with law enforcement and focus on rooting out bad actors 

19 | Discussion on the future of crypto and the role of centralized exchanges

21 | Debate on the US government's approach to crypto regulation 

25 | Excitement about innovating in compliance through technology and killer crypto use cases 

Related resources

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

• Website: Binance: 188,487,264 Users Trust Us!
• Blog: Binance FZE Receives a VASP Licence from Dubai’s Virtual Assets Regulatory Authority
• Blog: Binance’s Proof-of-Reserves System: A Year of Upgrading User Assets Transparency
• Press Release: Statement Regarding Tigran Gambaryan
• Registration: Digital premiere of Links 2024 (NYC Main Stage Content and more - Register Now!)
• Blog: London’s Metropolitan Police Lead Disruption of Phishing-as-a-Service Provider LabHost
• YouTube: Chainalysis YouTube page
• Twitter: Chainalysis Twitter: Building trust in blockchain
• Tik Tok: Building trust in #blockchains among people, businesses, and governments.
• Telegram: Chainalysis on Telegram 

Speakers on today’s episode

• Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) 
• Noah Perlman (Chief Compliance Officer, Binance)

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