Binance reached the mark of 128 million active users and a daily average of $65 billion in transactions in 2022. The data is part of the annual report published in recent days, which highlighted the main facts, statistics and developments. of the vast ecosystem. from last year’s exchange.
Among them are the investments you have made in resources to meet local needs and global regulatory requirements. At the end of the year, Binance had obtained licenses and registrations in 14 jurisdictions (in January 2023 this number had already risen to 15, with the seventh license obtained in the European Union), maintaining an active participation in the advances in terms of regulatory frameworks for cryptocurrencies.
Binance has expanded its teams and now has more than 7,500 collaborators around the world, represented in more than 100 nationalities. Binance’s research team has responded to more than 47,000 requests for information from authorities around the world, including Brazil. The team conducted more than 70 training sessions in various countries. In Brazil, during 2022, training was provided to Federal Police officers and lawyers from the public ministries of Rio de Janeiro and São Paulo.
Binance Labs has pumped over $500 million to support Web3 and blockchain innovation. In total, 200 projects in 25 countries have received resources from the venture capital fund in the last three years.
At the same time. Binance Charity has reached the milestone of $23 million in donations to thousands of people who have suffered the consequences of natural disasters, wars or socioeconomic hardships. Binance’s philanthropy division, According to the report, it has launched 32 projects in 54 countries and has directly helped more than two million beneficiaries. in the last four years.
As the market grows, more and more people are interested in the industry. This is evident in the numbers from Binance Academy, the educational arm of the exchange. Through 2022, 26 million people have accessed at least one piece of content on Binance Academy. The platform, founded in 2018, has the function of promoting education in relation to the crypto universe and has almost 1,000 articles and glossary entries, as well as advanced, free courses in dozens of languages.
Institutional adherence on the rise
The report notes that even in the midst of crypto winter, adoption and institutional participation have not diminished, quite the contrary. With the launch of Binance Institutional, Binance’s VIP and Institutional businesses experienced significant growth and the number of active institutional clients on Binance increased by 65% year-over-year compared to 2021. Specifically in Brazil, which is among the top 10 largest markets for the segment leader, the fourth quarter increase in active institutional clients was 15%.
“Binance has continuously invested in tools and processes that increase security and provide even more transparency to users, building trust. This has allowed us to continue to attract new institutional investors even during the crypto winter. We will continue to invest on these fronts throughout 2023”, comments Guilherme Nazar, general director of Binance in Brazil.
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