Binance Launching New Crypto Trading Platform in Japan This Summer to Comply With Regulations

Binance Launching New Crypto Trading Platform in Japan This Summer to Comply With Regulations

By: TOGRP

May 29, 2023 5:35 AM / 0 Comments ZentaPost ZentaNewsDesk Binance Smart Chain Blockchain International News

Global cryptocurrency exchange Binance says it has created a new crypto trading platform for Japan residents that will be available this summer. The new exchange will fully comply with Japanese

Binance, a global cryptocurrency exchange, has announced that it will be launching a new crypto trading platform specifically for Japan residents. This platform is scheduled to launch in the summer and is being created in order to fully comply with local regulations in Japan.

The new platform aims to fully adhere to Japanese crypto regulations, and will initially offer trading of a limited number of tokens, according to the exchange.

This move comes after Binance's acquisition of the Sakura Exchange BitCoin (SEBC) in 2022.

Furthermore, the global service for users in Japan is set to be discontinued by November 30, 2023, as Binance transitions its Japanese users to this new locally compliant platform.

This transition is part of Binance's strategy to align with regulatory requirements and offer a more secure and regulated trading environment for its users in Japan.

 

By: TOGRP

WEB3 BLOG & ALL THINGS BLOCKCHAIN, MY OPINIONS FROM WHAT I'VE READ, HERD OR RESEARCHED

1

0/300

No data