Cryptocurrency exchange Binance shared its 2022 annual report. The report also revealed the number of users and daily trading volume of the world’s largest cryptocurrency exchange. It has also become clear what will be done in 2023.
The world’s largest cryptocurrency exchange Binancepublished an important report on the year 2022. This report reveals what Binance has been doing throughout 2022 and what developments have taken place in the cryptocurrency world. for the year 2023 If you have a cryptocurrency investment idea, you might find it helpful to take a look at this report.
The year 2022 is quite a year for the cryptocurrency community. it’s been tough. Before The TerraUSD and LUNA crisis Towards the end of the year, it was one of the largest cryptocurrency exchanges in the world. FTX’s bankruptcythe markets unable to lift his head led to The report prepared by Binance reveals that various efforts will be made to keep these behind in the new year.
The highlights of Binance’s 2022 report were as follows:
By the way, if you want to become a member of Binance, you can use this link.
“We are focused on restoring trust”
“2022 is for everyone in the blockchain and crypto world, including us It was definitely a tough year.. User experience in the face of great headwinds, products with real-world value, and most importantly, for the entire industry. healthyWe remain committed to prioritizing progress on a sustainable path.In the report, it was stated that Binance is focused on restoring the lost trust in this sector.
“We have obtained the necessary licenses, registrations and approvals in 14 regions”
One of the issues that Binance mentioned was the work done with official institutions. In this context, “We can confidently say that the hard work we put in last year has been seen. until the end of 2022 We have obtained the necessary licenses, registrations and approvals in 14 regions. Drawing on our experience, we continued to assist regulators and public authorities in developing practical regulations for digital assets. We increased the number of employees in our security and compliance team by 500 percent by recruiting the most talented personnel in the industry.” Binance officials said that they carefully examined more than 47 thousand requests from law enforcement agencies, to prevent financial crimes they are working they expressed.
“We increased the value of SAFU to 1 billion dollars again”
Binance has established to protect its investors. SAFU There is a fund called The money held in this fund was increased again in 2022. Touching on this issue, Binance said: We revalue our User Secure Asset Fund (SAFU) to protect our 128 million users in an emergency. We raised $1 billion.
“2022 was a year of booming web3 events”
Mentioning that many web3-focused events were held in 2022, Binance said, “Celebrating our fifth anniversary, over 3,000 face-to-face and 1.5 million virtual viewers We celebrated in Paris. We’ve also connected Binance users with hundreds of online and in-person community events. From a user-friendly, fast and secure crypto exchange to an expanding to the web3 ecosystem Until then, we continued to create more tools, products and functions.‘ he said.
What will Binance do in 2023?
Binance’s plans for 2023 were announced with the following words: Re-establishing trust and we stand ready to assist and coordinate efforts in the industry to create a secure foundation to welcome one billion more crypto users. While we are growing at an astonishing rate, we are where we started to provide a secure, user-friendly digital asset experience. we never forgot. While we still have a lot of work to do, we believe 2023 will be a great year of greater growth, adoption and innovation as long as we do the right thing for our users. Our basic approach will remain the same: Giving priority to users, producing and setting an example for the industry, not with rhetoric. to lead.
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