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Binance Italy has accumulated approximately €385 million worth of cryptocurrency over the past several months. Since its launch in September 2022, Binance Italy has witnessed a trading volume of around €2.4 billion, generating revenues exceeding €3 million while incurring marketing expenses of €2.9 million. (Source: MilanoFinanza News) It's noted that on May 27, 2022, Binance announced that Binance Italy had registered as a cryptocurrency service provider with the "Organismo Agenti e Mediatori" (OAM) and had obtained regulatory approval, complying with the legal requirements of Italy's cryptocurrency asset regulations. |
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