Binance, the world’s largest cryptocurrency exchange, has revealed that it now has 150 million Registered Users. The announcement was made by Binance CEO Changpeng Zhao in a tweet. This milestone comes after the official launch of Binance in Japan, where users now have access to 34 tokens for spot trading.

Binance has also made significant progress in Dubai, becoming the first exchange in the world to secure an Operational MVP License from Dubai’s Virtual Asset Regulatory Authority. This license allows Binance to offer virtual asset exchange and broker-dealer services to institutional and qualified retail investors in Dubai.

In addition to expanding into new markets, Binance has introduced two new Launchpools. The first is Sei (SEI), a Layer-1 solution optimized for the exchange of digital assets. Users can stake their BNB, TUSD, and FDUSD to farm SEI tokens.

The second Launchpool is CyberConnect (CYBER), a Web3 social network that enables developers to create social applications. Users can stake their BNB, TUSD, and FDUSD to farm the CYBER token.

According to the Wall Street Journal, Binance users in China traded approximately $90 billion worth of cryptocurrency in May, accounting for 20% of the global trading volume. Despite China’s cryptocurrency ban, Binance remains the largest market for the exchange, with over 900,000 active users in the country.

Binance is continuing to expand and innovate, focusing on alternative markets and offering new opportunities for its growing user base.

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