Binance to Scale Up Services on New Japan Platform in August

CEO Changpeng Zhao gave timeline by video to Tokyo conference
Another executive says Binance could launch Japan stablecoins

A Sakura Bitcoin Exchange store in Tokyo.Photographer: Soichiro Koriyama/Bloomberg

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By Takashi Nakamichi and Nao Sano

July 25, 2023 at 6:42 AM UTC

Updated on

July 25, 2023 at 9:08 AM UTC

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Binance will roll out full services on its new platform for Japan in August, the crypto exchange’s founder Changpeng Zhao said via video at a conference in Tokyo on Tuesday.

The firm bought Sakura Exchange BitCoin last November and said in May this year that it was creating a platform to fully comply with local rules.