Binance to Return to Japan After Sakura Exchange Shuts Down
DailyCoin
Published Apr 28, 2023 12:00PM ET
Binance to Return to Japan After Sakura Exchange Shuts Down
- Sakura Exchange BitCoin is set to shut down.
- In its place, the company will launch “Binance Japan.â€
- Binance will return to Japan five years after its regulatory troubles started.
On Friday, April 28, the Japanese crypto exchange Sakura Exchange BitCoin announced its imminent shutdown. In its place, the company will launch a new service, “Binance Japan.â€
The move comes after Binance acquired Sakura to expand its presence in the land of the rising sun.
Sakura Exchange BitCoin to Shut Down in May/h2
According to a notice to customers, one of Japan’s major crypto exchanges, Sakura Exchange BitCoin, is set to wind down its operation by May 31, 2023.
The exchange requested that customers sell their...
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