Binance Japan will begin operations in June 2023

In November of last year, the biggest cryptocurrency exchange in the world, Binance, entered the Japanese market by purchasing 100% of the cryptocurrency exchange Sakura Exchange Bitcoin Co. (SEBC), which is located in Japan.

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The Japan Financial Services Agency (JFSA) has now officially recognized Binance Japan as a cryptocurrency exchange.

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Customers must also reapply for account opening and reviews, including identification verification at the time of usage.

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