Sakura

Coin

<ul class="news-points"> 
 <li>Binance is set to roll out services to Japanese users in August.</li> 
 <li>The firm will operate via Sakura, a company it earlier acquired in November 2022.</li> 
 <li>The crypto exchange continues to face a slew of regulatory actions in the U.S.</li> 
</ul> 
The <a href="https://coinedition.com/binance-exchange-review/" rel="noopener noreferrer nofollow">world’s largest cryptocurrency exchange, Binance</a>, is set to begin operations on its Japanese platform in August, a Bloomberg <a href="https://www.bloomberg.com/news/articles/2023-07-25/binance-to-start-full-services-on-new-japan-platform-in-august" target="_blank" rel="noopener noreferrer nofollow">report </a>reveals. The exchange’s CEO, Changpeng Zhao, made this revelation at a conference in Tokyo on Tuesday. 
Binance <a href="https://coinedition.com/binance-japan-set-to-go-live-after-june-2023/" rel="noopener noreferrer nofollow">announced</a> earlier in May that it would start providing services to Japanese users via a platform that is fully compliant with local regulations. This announcement was a follow-up to the exchange’s acquisition of Sakura Exchange BitCoin (SEBC), a crypto trading platform that will now represent Binance in Japan. 
Japan was one of the countries where the crypto exchange faced some of its earliest regulatory restrictions. In 2018, Binance packed up its shop and left the country after its regulator accused the company of not following regulatory procedures. 
With the latest announcement, Japanese users can expect to start having access to Binance services by August. However, existing users … 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/binance-set-to-make-japan-its-next-powerhouse/">Binance Set to Make Japan Its Next Powerhouse</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Binance Set to Make Japan Its Next Powerhouse

Coin Edition

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