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TechFlow news — Binance CEO Richard Teng released a 2023 year-end summary stating that Binance's registered users increased by 30% in 2023, reaching a total of 170 million.
In 2023, Binance's investigation team handled over 53,000 law enforcement requests (an increase of 3,000 year-on-year) and invested $213 million in its compliance program, up 35% from last year's $158 million. Binance continues to invest in leading KYC providers and product solutions.
Binance CEO Richard Teng released a 2023 year-end summary stating that Binance added 30% more registered users in 2023, bringing the total to 170 million. Binance's investigation team handled over 53,000 law enforcement requests in 2023—an increase of 3,000 compared to the previous year—and invested $213 million in its compliance program, up 35% from last year's $158 million. Binance also continued investing in leading KYC vendors and product solutions.
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