Binance Hires Grant Thornton for Accounting and Tax Consulting
Publication Time:2024-09-04 21:11:08
Cryptocurrency trading platform Binance announced that it has hired the renowned British accounting firm Grant Thornton to provide professional advice on accounting and taxation. Grant Thornton will assist Binance in preparation for audits, ensuring that all financial activities comply with relevant regulations. Notably, Grant Thornton has previously worked with stablecoin issuer Circle. This partnership signifies Binance's pursuit of external professional support to enhance its compliance and transparency, particularly in auditing and tax management. However, Grant Thornton will not take on the role of Binance's auditor. Binance's collaboration with audit company Mazars was suspended in December 2022, prompting Binance to seek new partners to meet its business needs.
Binance
Grant Thornton
accounting consulting
tax advice
audit preparation