Binance France records €4 million loss in 2022, optimistic for profit in 2023

2023-7-22 02:47

Binance France first audited financial records covering 14 months between when the company was created in November 2021 to December 2022 showed that the exchange recorded a loss of €4 million. Throughout the period, Binance France incurred total expenses of €14 million to cater for its staff payroll, marketing, administrative costs, taxes, and professional fees.

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binance million france 2022 records loss expenses

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