Binance’s Triumphant Comeback in Japan as 34 Tokens Set to Be Listed, Report Reveals
According to local cryptocurrency media site Coinpost, Binance Japan, expected to launch fully in August, intends to list 34 tokens initially, making it the first trained opponent to provide more receipts.
Today, according to a report from Coinpost, Binance also intends to list BNB, making its native coin accessible in Japan for the first time.
According to Binance founder and CEO Changpeng Zhao, the world’s largest cryptocurrency exchange has been attempting to re-enter the Japanese market, he claimed in a July Twitter video.
“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.”
Re-Entry Of JapanBinance
The platform 100% purchase of Sakura Exchange BitCoin in November 2022 allowed it to be governed by the Japan Financial Services Agency.
The JFSA warned the cryptocurrency exchange in 2021 that the exchange was conducting business in the nation without registration, which prompted the return.
The Block contacted the platform to comment on impending token listings in Japan, but they did not react immediately.
