Crypto exchange Binance to double compliance staff as regulators circle

FILE PHOTO: The logo of Binance is seen on their exhibition stand at the Delta Summit, Malta's official Blockchain and Digital Innovation event promoting cryptocurrency, in Ta' Qali, Malta October 3, 2019. REUTERS/Darrin Zammit Lupi

SINGAPORE (Reuters) - Cryptocurrency exchange Binance plans on doubling its compliance team by year's and said it will "humbly welcome more capable talents" as it faces a blizzard of global regulatory probes.

Authorities in Britain, Japan, Germany and Thailand have raised concerns about the exchange, one of the largest, amid a worldwide crackdown on cryptocurrencies this year.