Cryptocurrencies

    Binance hits 200 million users and $100 billion in custodial holdings

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    Binance, the world's leading cryptocurrency exchange, celebrates reaching 200 million users, positioning itself as a dominant force in the industry.

    Despite facing regulatory challenges, including legal issues involving founder Changpeng Zhao, Binance continues its global expansion, recently obtaining licenses in India and Dubai.

    The exchange's custodial holdings have also surpassed $100 billion, reflecting its significant role in managing user assets.

    With ambitious plans to onboard one billion users and expand further into new markets, Binance navigates through obstacles while maintaining its position as a top player in the crypto space.

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