Binance has been awarded the "Crypto Asset Exchange of the Year" at the 8th Annual Regulation Asia Awards for its outstanding performance in compliance management and continuously improving risk control capabilities. This award recognizes crypto asset exchanges that have made outstanding contributions to market leadership, innovation, and the establishment of a safe, transparent, and compliant trading environment. Binance's success is primarily attributed to its long-term investment in and continuous upgrading of its global compliance system. One of the judges of the Regulation Asia Awards stated, "Binance's transformation in recent years is highly representative. The company has fundamentally reshaped its compliance foundation, demonstrating its determination to rebuild trust and assume responsibility, setting a new standard for the entire industry." Binance CEO Richard Teng stated, "This honor affirms Binance's commitment to driving industry development responsibly—moving forward based on a rigorous compliance system and continuous innovation. In recent years, we have made significant progress in building trust, strengthening partnerships with regulatory and enforcement agencies, and promoting global financial inclusion." (cryptopolitan)