Binance finally big in Japan: World's largest crypto exchange purchases 100% of Sakura

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Cryptocurrencies Binance finally big in Japan: World's largest crypto exchange purchases 100% of Sakura

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SEBC was established in 2017, but only obtained its JFSA license last month. The terms of the transaction were not disclosed. SEBC is a JFSA-registered crypto exchange that offers a brokerage service as well as consultation services. Sakura Exchange BitCoin is based in Tokyo, and currently supports 11 trading pairs: BTC/JPY, ETH/JPY, BCH/JPY, XRP/JPY, LTC/JPY, ETC/JPY, XEM/JPY, MONA/JPY, ADA/JPY, XYM/JPY, and COT/JPY.

Later on Wednesday, Binance announced that new users in Japan will no longer be able to register on Binance.com as of today. “Existing users will not be affected by the changes, and can continue to use products and service offerings on Binance.com,” they wrote.

Source: News Formal (newsformal.com)

 

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