Binance Holdings Ltd. has hired Antonio Alvarez and Duncan DeVille from Crypto.com into senior compliance roles, with the appointments reported on August 26 via Bloomberg as the world’s largest cryptocurrency exchange continues rebuilding its compliance function under US regulatory oversight. Alvarez will serve as deputy to Global Chief Compliance Officer Noah Perlman, while DeVille becomes global head of financial crime compliance. Both previously worked at Crypto.com and bring experience from Coinbase, Visa, Western Union and the US Treasury. Binance described their arrival as a vote of confidence in its compliance program. The hires follow multiple senior compliance departures over the past year; some media reports linked part of that turnover to how the exchange handled Iran-related fund flows, which Binance has denied, saying its compliance systems are operating normally. The overhaul traces to Binance’s November 2023 US guilty plea to Bank Secrecy Act and sanctions and anti-money-laundering violations, a multibillion-dollar settlement and founder Changpeng Zhao’s departure as CEO. The exchange still operates under a deferred prosecution agreement with the US Department of Justice that requires ongoing compliance improvements, making senior staffing central to its regulatory obligations and efforts to restore confidence among regulators and institutional investors.