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 <h2 id="binance-users-traded-90-billion-worth-crypto-assets">Binance Users Traded $90 Billion Worth Crypto Assets</h2> 
 <p>According to a report by the Wall Street Journal on August 2, <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> continued to operate despite China’s ban on crypto trading. Its users traded $90 billion worth of crypto-related assets in a month. This was surprising considering the fact that <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> was expected to leave China when the country prohibited the trading of crypto trading and mining almost two years ago.</p>  
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 <p>The $90 billion crypto transactions account for 20% of trading volume worldwide in a month. It excludes trades made by a small group of big traders. The WSJ report cited internal figures and current and former employees of <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a>. Most of the trading was in futures contracts tied to cryptocurrencies, while futures trading for crypto is banned in the US.</p> 
 <p>However, Binance and CEO Changpeng “CZ” Zhao continues to claim that exchange left mainland China in 2017 during a regulatory crackdown. Recent reports by mainstream media also said that Binance still has a workforce in China.</p> 
 <blockquote> 
  <p>“The <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a>.com website is blocked in China and is not accessible to China-based users,” a company spokesman told the WSJ.</p>  
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 </blockquote> 
 <p>The crypto exchange is under intense scrutiny by US regulators such as the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). The Department of Justice (DOJ) is also investigating <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> over violating money laundering laws and sanctions, with a possible lawsuit looming.</p>  
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 <p><strong>Read More: <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> Burns 1.41 Billion Terra Luna Classic (LUNC) Tokens</strong></p> 
 <h2 id="binance-starts-operations-in-japan">Binance Starts Operations In Japan</h2> 
 <p>On Tuesday, Binance started offering crypto services in Japan after acquiring Sakura Exchange BitCoin (SEBC) last year. Binance CEO recently announced its full rollout in the Web3 conference WebX.</p> 
 <p>The crypto exchange announced 32 tokens available for trading. These are — BTC, ETH, BNB, ADA, ALGO, ASTR, ATOM, AVAX, AXS, BAT, BCH, CHZ, DAI, DOGE, DOT, ENJ, ETC, IOST, LINK, LTC, MATIC, MKR, ONT, QTUM, SAND, SHIB, SOL, TRX, XLM, XRP, XTZ, and ZIL.</p> 
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  <li>MicroStrategy Grows Bitcoin Holdings; How Many BTC Will It Add In Q3?</li> 
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Is Crypto Really Banned In China? Binance Users Traded $90 Billion In Crypto

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