BankingBusiness

Binance: Enters Japan through acquisition of regulated crypto exchange

Binance: Enters Japan through acquisition of regulated crypto exchange

  • Binance, the world’s leading blockchain ecosystem, and cryptocurrency infrastructure provider
  • Announced it has acquired 100% of Sakura Exchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider
  • Through this acquisition, enters the Japanese market, as a Japan Financial Services Agency (JFSA) regulated entity
  • Aims to support a responsible global environment for cryptocurrencies
  • The Japanese market will play a key role in the future of cryptocurrency adoption
  • Strong compliance system will contribute to building a more compliant atmosphere for users in Japan
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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