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Binance releases 2023 year-end report, which looks back at Binance’s key milestones during the year

Binance released its 2023 year-end report, stating that it gained over 40 million new users, a 30% increase. By the end of 2023, Binance had 170 million registered users, offering 431 asset trading pairs covering 1785 markets. The number of people using Binance Pay or Card increased by 54%, with over 3500 new Pay merchants and partners globally accepting cryptocurrency for goods and services.Additionally, Binance continued to invest in its compliance technology, processes, and talent, with expenses reaching $213 million in 2023, a 35% increase from the previous year. By the end of this year, Binance held licenses, registrations, and authorizations in 18 jurisdictions worldwide, more than ever before.

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