HomeBankingBinance: Enters Japan through acquisition of regulated crypto exchange

Binance: Enters Japan through acquisition of regulated crypto exchange

Date:

Spendbase Launches Digital Banking Platform and Virtual Cards for Businesses

Spendbase expands its financial platform with new digital banking...

FIS and Visa Partner to Help Regional and Community Banks Offer Fintech Services

FIS collaborates with Visa to empower regional and community...

Kraken Granted Crypto Licence in Ireland to Boost European Operations

Leading crypto exchange Kraken secures virtual asset service provider...

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
Exit mobile version