Binance France (Binance France) released its first audited financial statement, Binance France holds about 1 billion euros of encrypted assets on behalf of its users (French resident Binance users), Binance France owns accounts hold 7 million USDT, Binance France recorded a loss of 4 million euros in 2022, because these accounts cover 14 months of expenses, but only 6 months of income. Binance France expects to be profitable on combined revenue and expenses for the 12 months of 2023. These financial statements cover the period from November 2021 (the date of establishment of Binance France) to December 2022 (the end of the fiscal year).