News Formal

Binance enters Japanese market with Sakura Exchange BitCoin deal

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

Cryptocurrency exchange operator Binance said on Wednesday it acquired Sakura Exchange BitCoin, a crypto exchange service registered in Japan, to expand into the Asian country. | Reuters

Cryptocurrency exchange operator Binance said on Wednesday it acquired Sakura Exchange BitCoin , a crypto exchange service registered in Japan, to expand into the Asian country.Through the acquisition, Binance will be able to operate in the Japanese market as an entity regulated by the Japan Financial Services Agency .

Takeshi Chino, general manager of Binance Japan, said, “We will actively work with regulators to develop our combined exchange in a compliant way for local users.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BlockFi files for bankruptcy, latest crypto company to fail - BusinessMirrorCryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection Monday, the latest casualty of the collapse of crypto exchange FTX. New Jersey-based BlockFi had been struggling for much of this year but was given a lifeline this summer in the form of an FTX line of credit. FTX's own bankruptcy, however, all but sealed BlockFi's financial fate. BlockFi
Source: BusinessMirror - 🏆 19. / 59 Read more »