Cryptocurrency Q&A
Is CIC a profit?
Is CIC a profit?
SumoStrength
Tue Nov 19 2024
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6 answers
1321
I'm curious about the financial status of CIC. Specifically, I want to know if CIC operates as a profitable entity. Is it generating profits or not?
6 answers
CryptoVanguard
Wed Nov 20 2024
The primary aim of a CIC is to benefit an identified community.
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Lorenzo
Wed Nov 20 2024
The profits earned are either invested back into the business to enhance its services or directly distributed to the community.
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BlockchainBaron
Wed Nov 20 2024
A community interest company (CIC) that is limited by guarantee operates on a 'not for profit' basis.
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MoonlitCharm
Wed Nov 20 2024
This type of company does not seek to generate private profit for its shareholders.
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CryptoPioneer
Wed Nov 20 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.
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