Binance released fresh compliance figures as it pushed back against recent reporting on sanctions exposure. The exchange said sanctions-related exposure as a share of total trading volume dropped from 0.284% in January 2024 to 0.009% in July 2025, a decline of 96.8%. Binance attributed the change to tighter monitoring, investigative procedures, and reporting controls rather than a single policy shift.
The company also gave numbers on direct exposure to four major Iranian crypto exchanges. According to Binance, that amount fell from $4.19 million to about $110,000 between January 2024 and January 2026, a reduction of 97.3%. Binance added that it outperformed 10 major global exchange peers in handling this category of risk.
Binance says open blockchains make zero exposure unattainable
Part of the exchange’s explanation focused on how permissionless blockchains work. Binance said anyone can send funds to deposit addresses on an exchange, which means zero exposure is not technically possible. In its view, the real task is to monitor, mitigate, and report risk. The exchange also said it identified and addressed indirect exposure involving multi-hop transactions that moved through sanctioned wallets.
On staffing, Binance said it has more than 1,500 employees in compliance-related roles, equal to about 25% of its global workforce. Those teams cover sanctions, financial crime investigations, counter-terrorist financing, and governance oversight. Binance said compliance investigations are handled independently under established procedures, with reports delivered to management and no commercial interference.
Exchange cites 71,000 law-enforcement requests in 2025
Binance also pointed to its work with regulators and enforcement agencies. The exchange said it processed more than 71,000 law-enforcement requests in 2025 and supported confiscations exceeding $131 million. It also referenced licenses, regulatory reviews, and audits as part of its compliance structure.
Responding to recent media claims, Binance said the reports were inaccurate and relied on statements from former employees as well as incomplete information. The company described an internal process built around structured reviews, mitigation steps, and offboarding where needed. Binance also said no compliance staff were dismissed for reporting issues, adding that departures were tied to confidentiality breaches unrelated to the investigations themselves.
The company’s response centered on measurable figures. Those numbers were paired with a broader claim: sanctions risk on public blockchains cannot be reduced to zero, but it can be tracked, investigated, reported, and pushed materially lower over time.