Binance Boosts Institutional Loans to 5x Leverage as Compliance Chief Eyes Exit

Binance has expanded its institutional loan product with higher leverage, broader access, and fixed-rate options, even as its chief compliance officer (CCO) reportedly weighs an exit.

The update raises the maximum leverage cap from 4x to 5x for all eligible risk units. Know Your Business (KYB)-verified clients at VIP 1 and above now qualify, down from the previous VIP 5 threshold.

What Changed in the Binance Loan Terms

Initial loan-to-value (LTV) ratios increased from 75% to 80%, while transfer-out LTV moved to 83%. Margin call and liquidation thresholds remain at 85% and 90%, respectively.

Binance also introduced fixed-rate term loans with 30-, 60-, and 90-day terms. Upon expiry, unpaid balances are rolled over to the prevailing variable rate.

Co-CEO Richard Teng promoted the changes, saying the exchange continues to raise standards for institutional clients.

The Binance VIP account confirmed existing clients were upgraded automatically.

Compliance Leadership Under Pressure

Meanwhile, Chief Compliance Officer Noah Perlman is reportedly in discussions about leaving the company.

According to a Bloomberg report, Binance stated that Perlman has no confirmed exit date, and no successor has been identified.

Several other senior compliance staff have also departed, including employees handling sanctions, investigations, and financial crime monitoring.

Perlman joined Binance in 2023 following the firm’s $4.3 billion settlement with U.S. authorities.

The company has said it expanded compliance-related staff by more than 30% and reduced illicit exposure by 97% between January 2023 and June 2025.

Whether Binance can sustain those improvements amid ongoing personnel turnover will likely shape how regulators assess the exchange’s compliance trajectory in the months ahead.