bacaartikeldisiniaja -- Binance, the largest digital asset exchange by trading volume, has seen significant growth with its user base reaching 200 million.
The exchange signed up 100 million users a few years ago, doubling its base amid global adoption of digital assets.
Binance, the largest digital asset exchange by trading volume, has seen significant growth with its user base reaching 200 million.
The exchange signed up 100 million users a few years ago, doubling its base amid global adoption of digital assets.
Over the years, Binance has expanded its base and wider market with new listings and improvements.
The exchange has also expanded into new jurisdictions entering into partnerships with related companies.
Additionally, crypto users are praising the exchange for supporting blockchain startups and education to grow Web3 adoption.
However, the journey so far has not been entirely rosy, as Binance has faced numerous regulatory challenges in multiple jurisdictions.
The US regulator has filed a lawsuit against the exchange for providing unregistered securities trading services.
Binance also reached a $4.3 billion settlement with the Department of Justice (DOJ) last year, leading to former CEO Changpeng Zhao's resignation.
Blockchain assets and cryptocurrencies have grown in popularity in recent years, causing critics to turn to the asset class.
Rising Bitcoin prices and recent developments have led to more adoption.
This year saw the approval of spot Bitcoin ETFs by the U.S.
Securities and Exchange Commission (SEC), a move that opens up investment opportunities to traditional institutions.
Bitcoin price hit an all-time high above $73,000, with analysts forecasting a peak of .
