Tag: Sakura Exchange BitCoin

Amid Crypto Contagion, Binance Acquired Regulated Japanese Crypto Exchange!

Crypto Ben - December 1, 2022

Binance re-enters the Japanese markets a year after it was warned by regulators about its unauthorized activities. The world's largest crypto exchange, owned by Changpeng Zhao, announced that it had acquired 100% of Sakura Exchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider. Through this acquisition, Binance addresses the Japanese market with an entity regulated by the Financial Services Agency (FSA).

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