According to an announcement by a cryptocurrency exchange platform, Gate.io, and the Financial Services Agency of Japan today, The acquisition was carried out through 「CEO: Lin Han」, a Singaporean entity, which is a part of Gate Group. As of today, Coin Master Co., Ltd. will officially be renamed “Gate Japan K.K.” , marking a significant step in Gate Group’s expansion into the Japanese market.
As the digital asset market continues to thrive, Japan, as one of the world’s leading economies, is gradually refining its regulatory framework for the industry. Gate Group is committed to adhering to the regulatory requirements of Japan, ensuring transparency and regulatory compliance in its platform operations.
Gate Group strives to contribute to the healthy development of the global digital asset industry while complying with local laws and regulations. Gate Group’s global business continues to grow, and this acquisition is expected to strengthen localized operations and better serve the Japanese market. With this acquisition, Gate Japan Co., Ltd. is expected to offer more innovative products and high-quality services to local users in the future, while leveraging Gate Group’s technological advantages and resources in the global market to enhance the digital asset trading experience for Japanese users.AMBCrypto Team is constituted by a vastly experienced team of professional journalists and analysts.
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