"Don't remember the past, let's just move on, now focus on 2023."
Perhaps most individuals feel the same way as Binance's Chief Executive Officer (CEO), Changpeng Zhao (CZ) who expressed his difficulties this year as Binance faced some resistance as the crypto market crashed.
However, CZ also believes that the crypto market will recover following the development of regulatory frameworks and Web3 development such as metaverse, non-fungible tokens (NFT), DeFi and GameFi.
According to his views on the year 2022 and expectations for 2023 in his official blog titled "A Letter From Our CEO: 2022, the Year of Resilience".
Most of the crypto exchange companies such as Terra, Celsius, Voyager and FTX face destruction in 2022 when crypto prices continuously plummet from all-time highs.
However, CZ intends to further expand its services to other countries, hire more employees and develop Web3 and blockchain in 2023.
Apart from helping to increase the use of crypto and Web3, he is proud to be able to offer his services in several countries this year through cooperation with regulators.
Comment CZ again, users do not have to worry if Binance goes bankrupt or if there is a large amount of withdrawal of funds in the same period because the company has more than 100% reserves on each of these digital assets.
In addition, he will always be optimistic by 2023 and look for solutions in the event of a situation such as the FTX crisis.
