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 <h2 id="bnb-token-to-debut-in-japan">BNB Token To Debut In Japan</h2> 
 <p>The cryptocurrency behemoth’s “Build and Build (<a rel="noopener noreferrer nofollow" title="BNB" href="https://thebittimes.com/tag/bnb.html">BNB</a>)” exchange token, a native token of the <a rel="noopener noreferrer nofollow" title="BNB" href="https://thebittimes.com/tag/bnb.html">BNB</a> chain with broad usage on the <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> exchange, will launch in the Japanese market. The creation of this coin demonstrates <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a>’s strategic goal to target seasoned users.</p>  
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 <p>A variety of decentralized finance (DeFi) and Web 3-based blockchain-based game stocks, such as Solana (SOL), Aster (ASTR), Avalanche (AVAX), Jasmy (JASMY), and Axie (AXS), will be included in the cryptocurrency choices on sale. Domestic unlisted concerns that are not already managed by other exchanges are still being considered, despite not being included in the most recent notification.</p> 
 <p><a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> Japan will not allow leveraged trading, which often entails using margins to purchase and sell assets repeatedly. This is a divergence from several of its rivals. <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> would need to meet stringent requirements to obtain a “Type 1 Financial Instruments Business” license to offer this service in Japan.</p> 
 <p><a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> Japan will provide “Simple Earn (credit crypto assets)” and an NFT Marketplace in addition to spot trading and asset sales, allowing users to deposit their crypto assets and earn income. Auto-invest and API connectivity are additional <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> made to accommodate the various requirements of traders and investors.</p>  
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 <p>Also Read: Bitcoin (BTC) Volatility Lowest Since July 2020, History Suggests Parabolic Rally</p> 
 <h2 id="binance-to-set-the-japan-crypto-market">Binance To Set The Japan Crypto Market</h2> 
 <p>The announcement was made at the WebX conference when <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> Holdings CEO Changpong Zhao (CZ) made an unexpected video message appearance. CZ previously revealed in late July that <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> was getting ready to provide full operations in Japan starting in August, ushering in a new age of competition among cryptocurrency exchanges in the nation.</p> 
 <p>A swarm of headlines affecting Japan and the Web3 sector appeared in June 2023. The country’s national tax agency updated legislation to exempt token issuers from paying corporate taxes on unrealized cryptocurrency gains.</p> 
 <p>Also Read: FTX 2.0 Plans Complete Cash Payment to Creditors, Wipeout FTT Token</p> 
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Binance Breaks New Ground with Japan Launch, BNB Token to Take Center Stage

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TheBitTimes

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