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Binance enters Japanese market with Sakura Exchange BitCoin deal

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Cryptocurrency exchange operator Binance said on Wednesday it acquired Sakura Exchange BitCoin (SEBC), 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."

 

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Binance Enters Japan With Acquisition of Regulated Crypto Exchange Sakura.binance has entered Japan with the acquisition of Sakura Exchange BitCoin, a crypto exchange regulated by the country's Financial Services Agency, for an undisclosed sum. By JamieCrawleyCD binance JamieCrawleyCD Thankks a millon binance JamieCrawleyCD tiny grow toward
Source: CoinDesk - 🏆 291. / 63 Read more »