Binance Defies Singapore Crypto Crackdown—Still Employs 400+ Staff in Lion City

Regulators turned the screws—but Binance isn’t backing down.

Despite Singapore’s aggressive crypto clampdown, the exchange retains over 400 employees in the city-state. A middle finger to compliance? Or just smart talent hoarding in a cutthroat market?

The regulatory standoff

Singapore’s Monetary Authority (MAS) has been tightening the noose—licensing hurdles, investor warnings, the works. Yet Binance’s local workforce remains stubbornly intact. Maybe those ‘strategic pivots’ involve more spreadsheet jockeys than blockchain devs.

The unspoken advantage

While rivals scramble to relocate, Binance keeps its APAC hub operational. Liquidity needs warm bodies—even if regulators prefer cold storage.

Closing thought: In crypto, ‘compliance’ is just a speed bump for those with the right legal loopholes—and deep enough pockets to ignore fines. Just ask any bank that survived 2008.