**Binance's Market Share Declines to 44.5% in 2023:** According to Kaiko data, Binance's market share dropped to 44.5% in 2023, marking a 15.5 percentage point decline from its peak of 60%. This decline followed Binance's withdrawal from several European countries and regulatory challenges, including sanctions from the U.S. Commodity Futures Trading Commission (CFTC), the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN), and the Office of Foreign Assets Control (OFAC). Despite these setbacks, Binance managed to onboard 40 million new users in 2023. 📉🌍💼 #Binance #CryptoMarketShare