The world’s leading crypto exchange Binance is all set to officially enter the Japanese market with the acquisition of Sakura Exchange BitCoin (SEBC). Per the official statement, Binance will operate in the country as a Japan Financial Services Agency (JFSA) regulated entity through this acquisition.
Binance secured its first license in East Asia with the acquisition of SEBC, a Japanese-registered crypto exchange service provider. Binance plans to build a supportive and responsible global environment for cryptos to thrive.
Takeshi Chino, the General Manager of Binance Japan, noted:
Apart from Japan, Binance has secured regulatory approvals to operate in countries including France, New Zealand, Italy, …
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Source: Cryptocurrency - investing.com
