{"id":43470,"date":"2023-08-02T08:44:09","date_gmt":"2023-08-02T12:44:09","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/binance-officially-enters-japanese-crypto-market-with-binance-japan-exchange\/"},"modified":"2023-08-02T08:44:11","modified_gmt":"2023-08-02T12:44:11","slug":"binance-officially-enters-japanese-crypto-market-with-binance-japan-exchange","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=43470","title":{"rendered":"Binance Officially Enters Japanese Crypto Market with Binance Japan Exchange"},"content":{"rendered":"<div>\n<p>The major crypto exchange Binance has officially entered the Japanese market with the launch of Binance Japan K.K.<\/p>\n<p>In an announcement from Tuesday, Binance said it already offers Japanese crypto traders access to more tradable tokens that any other crypto exchange, with 30 tokens available for spot trading.<\/p>\n<p>\u201cBy offering regulated exchange services in Japan, we\u2019re hoping to bolster the development of the Japanese digital-asset market. The country\u2019s drive for technological innovation and growing interest in blockchain technology make it a fantastic place to build a robust and sustainable Web3 ecosystem,\u201d Binance said in the announcement.<\/p>\n<figure class=\"media\"><oembed data-embedo-height=\"400\" data-embedo-url=\"https:\/\/twitter.com\/binance\/status\/1686335562276274176\" loading=\"lazy\"><\/oembed><\/figure>\n<p>Binance Japan is essentially a rebranding of the Japanese crypto exchange Sakura Exchange BitCoin (SEBC), which was acquired by Binance in November 2022.<\/p>\n<p>At the time, the acquisition was presented as the first step on the way for Binance to enter the Japan in a regulated way.<\/p>\n<p>According to Binance, existing Japanese users of Binance\u2019s global platform should wait for a separate notice on the steps they need to take to migrate to the new Japanese platform.<\/p>\n<h2>Announced by CZ last week<\/h2>\n<p>The official launch of Binance Japan was first announced by Binance CEO Changpeng Zhao (CZ) at a Web3 conference in Japan last week.<\/p>\n<p>In the message, CZ praised Japan for its open attitude towards innovation and the novel industry &#8211; calling it &#8220;a flagship leader&#8221; in the space &#8211; as well as for its clear and welcoming regulatory framework.<\/p>\n<p>Speaking via video at the same conference, Japanese Prime Minister Fumio Kishida said that the country&#8217;s agenda now includes support for the growth of Web3 companies.<\/p>\n<p>\u201cWeb3 is part of the new form of capitalism,\u201d the prime minister declared in front of the audience.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/binance-officially-enters-japanese-crypto-market-with-binance-japan-exchange.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The major crypto exchange Binance has officially entered the Japanese market with the launch of Binance Japan K.K. In an announcement from Tuesday, Binance said it already offers Japanese crypto traders access to more tradable tokens that any other crypto exchange, with 30 tokens available for spot trading. \u201cBy offering regulated exchange services in Japan, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":43471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-43470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance Officially Enters Japanese Crypto Market with Binance Japan Exchange | iFintechWorld<\/title>\n<meta name=\"description\" content=\"The major crypto exchange Binance has officially entered the Japanese market with the launch of Binance Japan 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