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Binance, the biggest cryptocurrency change, has announced the launch of Binance Japan, a devoted platform for Japanese residents. The brand new providing focuses on offering native clients with an array of companies, together with a document variety of 34 tokens for spot buying and selling.

The introduction of Binance Japan follows the acquisition and rebranding of SAKURA Trade BitCoin, Inc. New customers in Japan may have entry to a choice of 34 tokens for spot buying and selling, together with the debut of BNB in Japan.

Japanese clients with present world Binance accounts can begin the migration course of to the brand new platform beginning August 14, 2023, utilizing a brand new KYC course of.

Binance Japan’s choices prolong to deposit choices for each Japanese yen and cryptocurrencies, with yen withdrawal availability set for after August 20, 2023.

The platform additionally introduces options akin to Easy Earn, permitting customers to earn every day rewards by depositing digital property, and Auto-Make investments, an choice to “automate crypto investments over set intervals with a predetermined quantity.”

The corporate has emphasised the localized nature of the brand new platform, designed to cater to the precise wants of Japanese residents whereas adhering to native regulatory necessities.

Regardless of leaving markets in the EU, Binance was in a position to obtain a regulatory license in Dubai on July 31:

“We’re honored to be the primary change to be granted an operational Minimal Viable Product License by VARA. Our precedence is to function this primary absolutely regulated change in, and from Dubai, in a FATF-compliant ecosystem, setting the stage for world scalability with uncompromised person assurance.”

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