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The exchange’s 2023 review claims that there are over 170 million global users.
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The report highlights improvements in compliance localization.
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Binance squares its focus on Web3 and institutional adoption.
Leading cryptocurrency exchange Binance published an upbeat retrospective in 2023 this week, detailing massive user base expansion and the growth of localized services while glossing over ongoing legal battles.
The report paints Binance as an innovator boosting blockchain accessibility through compliance tools, Web3 wallets, layered social platforms, and institutional offerings – all despite market turbulence buffeting traders.
However, regulators may disagree with the rosy self-assessment as global authorities continue targeting Binance for operating illegal finance infrastructure.
Rising Adoption Metrics
Foremost in the review, Binance claims that its core exchange now serves a staggering 170 million users worldwide. The news
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