Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity – Exchanges Bitcoin News

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Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity – Exchanges Bitcoin News
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Binance has acquired a licensed Japanese crypto exchange and is now preparing to enter Japan as a regulated entity. cryptocurrency bitcoin

Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity

Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency exchange and is now preparing to enter the Japanese crypto market as a regulated entity. “The Japanese market will play a key role in the future of cryptocurrency adoption,” said the general manager of Binance Japan.

Through this acquisition, Binance enters the Japanese market as a Japan Financial Services Agency regulated entity. “By offering Japanese-regulated services through SEBC, Binance aims to support a responsible global environment for cryptocurrencies,” the announcement adds. The Tokyo-based crypto exchange SEBC offers brokerage and consultation services to its customers. The trading platform currently supports 11 trading pairs:

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