TechFlow, on November 30, Binance announced the acquisition of 100% equity in Sakura Exchange Bitcoin (SEBC), a Japanese crypto asset trading platform service provider, officially entering the Japanese market and placing itself under the regulation of Japan's Financial Services Agency (JFSA). Following the acquisition, Binance will offer compliant services in Japan through SEBC, aiming to promote a responsible environment for crypto asset development globally.
Binance Japan General Manager Takeshi Chino said: "The Japanese market will play a key role in the future adoption of crypto assets. We will actively collaborate with regulators to build a new trading platform for local users in a compliant manner. Binance is eager to help Japan become a leader in the crypto industry."Original link
