Binance 2024 Year-End Report: Over 250 million registered users, regulatory authorization obtained in 21 jurisdictions

ChainCatcher news, Binance officially stated in its 2024 year-end report that Binance achieved milestones in 2024 with over 250 million registered users, over $160 billion in managed user assets, and a cumulative trading volume reaching $100 trillion. With the surge in institutional participation, Binance's VIP user base has doubled, and the number of registered institutional users has nearly doubled as well.

In addition, Binance has doubled its commitment to enhancing compliance and security in 2024, investing hundreds of millions of dollars in key projects. Currently, Binance's internal compliance team has grown to 650 members, enabling it to obtain regulatory authorization in 21 jurisdictions.