It is not yet known which tokens will be available to Japanese customers. But it is already clear that Binance will provide the opportunity to trade its own BNB cryptocurrency, and previously Japanese traders did not have access to this coin. In addition, the range of 34 tokens will be the widest among all local exchanges, so Binance hopes to be popular among Japanese traders.
Binance CEO Changpeng Zhao expressed his joy at the return to the Japanese market and said that the Japanese authorities have created one of the best regulatory regimes in relation to cryptocurrencies and Web3.
In November 2022, Binance bought the Japanese cryptocurrency exchange Sakura Exchange BitCoin in order to deploy its own platform on its basis. Binance Japan will be fully compliant with the requirements of the Japan Financial Services Agency (JFSA).
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
