Binance forays into Japanese market with Sakura Exchange BitCoin acquisition

After four years, the purchase of Sakura Exchange BitCoin (SEBC), a company with a licence from the Japan Financial Services Agency, would signal the return of international exchange to the Japanese market.

Following a notification from the FSA for operating without a licence, Binance was forced to cease operations and abandon plans to establish a headquarters in Japan in 2018.

Join 2 million subscribers





A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
Total
0
Share
nextbigwhat We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications