{"id":545321,"date":"2023-08-01T21:30:35","date_gmt":"2023-08-01T21:30:35","guid":{"rendered":"https:\/\/wncen.com\/?p=545321"},"modified":"2024-06-11T14:39:14","modified_gmt":"2024-06-11T14:39:14","slug":"binance-to-enter-japan-with-a-bang","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/binance-coin\/binance-to-enter-japan-with-a-bang\/","title":{"rendered":"Binance To Enter Japan With A Bang, Will List More Tokens Than Any Local Exchange"},"content":{"rendered":"

According to Japanese-based crypto media outlet <\/span>Coinpost<\/span><\/a>, Binance will launch in Japan fully this month and intends to list 34 tokens on its exchange. This means the platform will offer more tokens than its local competitors in Japan, with major domestic exchanges Bitbank, GMO Coin, and Coincheck listing 30, 36, and 22 tokens, respectively.\u00a0<\/span><\/p>\n

The largest crypto exchange by trading volume intends to list its native BNB token, making this the first time it will be available in the country. Some of the other tokens expected to be listed include Axie Infinity (AXS), Solana (SOL), and Avalanche (AVAX).<\/span><\/p>\n

A Remarkable Re-entry<\/h2>\n

News of the re-entry into Japan was <\/span>announced<\/span><\/a> by the CEO of Binance via a Twitter video. According to him, the platform has been making efforts to re-enter the Japanese market for a while now. He was effusive with his praises and noted that since 2017, Japan had established crypto exchange regulations, including the recent stablecoin regulations enacted in June. He also stated it was \u201cfantastic to see Japan being a leader in the Web3 regulatory environment.\u201d<\/span><\/p>\n

Related Reading: USDT Issuer Tether Reports A 30% Decline In Profit<\/a><\/div>\n

He further added that Binance was glad to once again partake in the Japanese market after its <\/span>purchase of the Sakura Exchange BitCoin<\/span><\/a> (SEBC) platform in November last year. Following the acquisition, SEBC changed its name to Binance Japan Inc.\u00a0<\/span><\/p>\n

The purchase of the exchange was instrumental in paving the way for the re-entrance of Binance in Japan. Binance will initially offer sport trading services. However, the exchange will not render leveraged trading services since this will require a Type 1 Financial Instruments Business license, with more restrictive standards.\u00a0<\/span><\/p>\n

Additionally, cryptocurrency users in Japan will also be offered access to Binance Earn, a specially designed program that enables participants to earn interest on their cryptocurrency deposits. The exchange will also render Japanese crypto traders an opportunity to trade on its NFT marketplace.<\/span><\/p>\n

\"Binance<\/p>\n

BNB coin price sitting at $245 following exchange announcement | Source: BNBUSD on Tradingview.com<\/a><\/pre>\n
Major Regulatory Win for Binance<\/h2>\n
This recent announcement marks a major regulatory win for Binance. In the recent past, the platform has faced various regulatory challenges and was recently made to <\/span>drop its license application in Germany<\/span><\/a>.\u00a0<\/span><\/p>\n
Related Reading: US Presidential Candidate Defends Bitcoin, Calls Out Environmental Critics<\/a><\/div>\n
In France, the <\/span>exchange also faces regulatory investigations<\/span><\/a>, with French authorities accusing Binance of being involved in offering illegal digital assets services and failing to curtail money laundering.\u00a0<\/span><\/p>\n
Therefore, this latest announcement of a re-entry into the Japanese market heralds a major regulatory win for the embattled exchange.<\/span><\/p>\n
Featured image from CoinDesk, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
According to Japanese-based crypto media outlet Coinpost, Binance will launch in Japan fully this month and intends to list 34 tokens on its exchange. This means the platform will offer more tokens than its local competitors in Japan, with major domestic exchanges Bitbank, GMO Coin, and Coincheck listing 30, 36, and 22 tokens, respectively.\u00a0 The largest crypto exchange by trading volume intends to list its native BNB token, making this the first time it will be available in the country. Some of the other tokens expected to be listed include Axie Infinity (AXS), Solana (SOL), and Avalanche (AVAX). A Remarkable Re-entry News of the re-entry into Japan was announced by the CEO of Binance via a Twitter video. According to him, the platform has been making efforts to re-enter the Japanese market for a while now. He was effusive with his praises and noted that since 2017, Japan had established crypto exchange regulations, including the recent stablecoin regulations enacted in June. He also stated it was \u201cfantastic to see Japan being a leader in the Web3 regulatory environment.\u201d Related Reading: USDT Issuer Tether Reports A 30% Decline In Profit He further added that Binance was glad to once again partake in the Japanese market after its purchase of the Sakura Exchange BitCoin (SEBC) platform in November last year. Following the acquisition, SEBC changed its name to Binance Japan Inc.\u00a0 The purchase of the exchange was instrumental in paving the way for the re-entrance of Binance in Japan. Binance will initially offer sport trading services. However, the exchange will not render leveraged trading services since this will require a Type 1 Financial Instruments Business license, with more restrictive standards.\u00a0 Additionally, cryptocurrency users in Japan will also be offered access to Binance Earn, a specially designed program that enables participants to earn interest on their cryptocurrency deposits. The exchange will also render Japanese crypto traders an opportunity to trade on its NFT marketplace. BNB coin price sitting at $245 following exchange announcement | Source: BNBUSD on Tradingview.com Major Regulatory Win for Binance This recent announcement marks a major regulatory win for Binance. In the recent past, the platform has faced various regulatory challenges and was recently made to drop its license application in Germany.\u00a0 Related Reading: US Presidential Candidate Defends Bitcoin, Calls Out Environmental Critics In France, the exchange also faces regulatory investigations, with French authorities accusing Binance of being involved in offering illegal digital assets services and failing to curtail money laundering.\u00a0 Therefore, this latest announcement of a re-entry into the Japanese market heralds a major regulatory win for the embattled exchange. Featured image from CoinDesk, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":545329,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83379],"tags":[10768,13446,89000,6664,12307,2562],"class_list":["post-545321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance-coin","tag-binance","tag-binance-exchange","tag-binance-japan","tag-crypto","tag-crypto-exchange","tag-japan"],"acf":[],"yoast_head":"\nBinance To Enter Japan With A Bang, Will List More Tokens Than Any Local Exchange<\/title>\n<meta name=\"description\" content=\"According to Japanese-based crypto media outlet Coinpost, Binance will launch in Japan fully this month and intends to list 34 tokens on its exchange.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Binance To Enter Japan With A Bang, Will List More Tokens Than Any Local Exchange","url":"http:\/\/wncen.com\/news\/binance-coin\/binance-to-enter-japan-with-a-bang\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/binance-coin\/binance-to-enter-japan-with-a-bang\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/Binance-Japan.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/Binance-Japan.jpeg?fit=1440%2C1080"},"articleSection":"Binance Coin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance","binance exchange","binance japan","crypto","crypto exchange","japan"],"dateCreated":"2023-08-01T21:30:35Z","datePublished":"2023-08-01T21:30:35Z","dateModified":"2024-06-11T14:39:14Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Binance To Enter Japan With A Bang, Will List More Tokens Than Any Local Exchange\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/binance-coin\\\/binance-to-enter-japan-with-a-bang\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/binance-coin\\\/binance-to-enter-japan-with-a-bang\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/Binance-Japan.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/Binance-Japan.jpeg?fit=1440%2C1080\"},\"articleSection\":\"Binance Coin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance\",\"binance exchange\",\"binance japan\",\"crypto\",\"crypto exchange\",\"japan\"],\"dateCreated\":\"2023-08-01T21:30:35Z\",\"datePublished\":\"2023-08-01T21:30:35Z\",\"dateModified\":\"2024-06-11T14:39:14Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/Binance-Japan.jpeg?fit=1440%2C1080","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/545321"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=545321"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/545321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/545329"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=545321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=545321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=545321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}