News Formal

Binance’s latest acquisition will enable it to set foot in this country after four years

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 68%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Binance is all set to enter the Japanese cryptocurrency market after a break of four years The exchange acquired Osaka-based Sakura Exchange BitCoin, a crypto exchange with full regulatory compliance The world’s largest crypto exchange, Binance, is set to re-enter the Japanese crypto market four years after it exited the country following a fallout with […]

The exchange acquired Osaka-based Sakura Exchange BitCoin, a crypto exchange with full regulatory compliance

The world’s largest crypto exchange, Binance, is set to re-enter the Japanese crypto market four years after it exited the country following a fallout with local financial regulators.Binance acquired Sakura Exchange BitCoin, an Osaka-based crypto exchange that is registered with the Japanese Financial Services Agency . Binance’s 100% stake in the JVSA licensed local exchange will enable the exchange to enter Japan with full regulatory compliance.

Sakura Exchange BitCoin, headquartered in the Japanese city of Osaka, was set up in 2017 under the name Xtheta. Furthermore, data fromAccording to a“The Japanese market will play a key role in the future of cryptocurrency adoption. As one of the world’s leading economies with a highly-developed tech ecosystem, it’s already poised for strong blockchain uptake.

Sakura Exchange currently supports 11 trading pairs including BTC/JPY, ETH/JPY, BCH/JPY, XRP/JPY, LTC/JPY and ETC/JPY.the island nation back in 2018 after the Financial Services Agency ordered the exchange to suspend its operations in Japan. In a formal warning, the regulator alleged that Binance violated the country’s rules on fund settlement. This was because it did not have the necessary registration to operate in Japan.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 22. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Friends of 20 years working at Toronto label start business during concert standstillTwo guys who have been friends for 20 years wound up working for the same Toronto record label before lockdowns, but when concerts were at a stands...
ソース: blogTO - 🏆 44. / 63 続きを読む »