Binance plans to first list 34 tokens in Japan as it re-enters the market: report

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Binance Japan, which expects to launch fully in August, plans to initially list 34 tokens — more than domestic rivals currently offer, Coinpost reported.

Binance Japan, expected to launch full services in August, plans to initially list 34 tokens — the most offerings among domestic exchanges, Coinpost reported.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Binance Japan, which is expected to launch fully in August, plans to initially list 34 tokens — meaning it would instantly offer more tokens than any domestic rival, according to local crypto media outlet Coinpost.

“It’s fantastic to see Japan being a leader in the Web3 regulatory environment,” Zhao said. “Japan has very clear regulations from 2017 with crypto exchange regulations, and more recently this year with the opening-up of crypto listing frameworks as well as in June the passing of the stablecoin regulations.”

Zhao added, “To that end, Binance is extremely happy to be able to participate in the Japanese market again from theJapan re-entrySakura Exchange BitCoin — paving the way for it to be regulated by the Japan Financial Services Agency.in 2021 against Binance, saying that the exchange was operating in the country without registration.

Binance did not immediately respond to The Block’s request for comment on upcoming token listings in Japan. © 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

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