Binance Japan, which is expected to launch fully in August, plans to initially list 34 tokens — meaning it would instantly offer more tokens than any domestic rival, according to local crypto media outlet Coinpost.
Coinpost reported today that Binance also plans to list BNB, making its native token available for the first time in Japan.
Changpeng Zhao, founder and chief executive of Binance, said in a Twitter video in July that the world’s largest crypto exchange has been trying to re-enter the Japanese market.
“It’s fantastic to see Japan being a leader in the Web3 regulatory environment,” Zhao said. “Japan has very clear regulations from 2017 with crypto exchange regulations, and more recently this year with the opening-up of crypto listing frameworks as well as in June the passing of the stablecoin regulations.”
Zhao added, “To that end, Binance is extremely happy to be able to participate in the Japanese market again from the acquisition of the SEBC platform last November, and we’re gonna launch the full service in August.”
In November 2022, Binance acquired 100% of Sakura Exchange BitCoin — paving the way for it to be regulated by the Japan Financial Services Agency.
The re-entry came after the JFSA issued warnings in 2021 against Binance, saying that the exchange was operating in the country without registration.
Binance did not immediately respond to The Block’s request for comment on upcoming token listings in Japan.
source:theblock
Polkadot was launched in May 2020. In a market dominated by Bitcoin and Ethereum, it quickly established itself as the next generation blockchain. The scale and interoperability problems limit Bitcoin's ability to transfer value without the assistance of
For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves
Lummis is a well-known crypto advocate on Capitol Hill with over $100,000 in crypto.
Several analysts argue that shrimp accumulation is good for the Bitcoin network because it makes the asset more decentralized over time.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Tue, 18 Apr 2023