Binance: Enters Japan through acquisition of regulated crypto exchange
- Binance, the world’s leading blockchain ecosystem, and cryptocurrency infrastructure provider
- Announced it has acquired 100% of Sakura Exchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider
- Through this acquisition, enters the Japanese market, as a Japan Financial Services Agency (JFSA) regulated entity
- Aims to support a responsible global environment for cryptocurrencies
- The Japanese market will play a key role in the future of cryptocurrency adoption
- Strong compliance system will contribute to building a more compliant atmosphere for users in Japan