Binance Acquires 100% of Japanese Crypto Exchange Sakura Exchange BitCoin - Here's Why

Binance has acquired 100% of Sakura Exchange BitCoin (SEBC), a crypto platform registered in Japan, to enter the Japanese market in a regulated way. In an announcement today, the world's largest cryptocurrency exchange said it will enter the Japanese market as a Japan Financial Services Agency (JFSA) regulated entity through the acquisition. The exchange did not disclose the terms of the transaction. ...