Advertisement
AD

Main navigation

XRP, SHIB, DOGE Listed on Newly Launched Binance Japan: Details

Advertisement
Tue, 1/08/2023 - 12:27
XRP, SHIB, DOGE Listed on Newly Launched Binance Japan: Details
Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

As reported by Wu Blockchain, customers of the newly launched Binance Japan platform will have access to 34 different digital currencies, including XRP, SHIB and DOGE.

Advertisement

This is consistent with Japan Virtual and Crypto Assets Exchange Association's data and a recent Binance announcement. Other cryptocurrencies listed aside from XRP, SHIB and DOGE include BTC, ETC, DOT, QTUM, ALGO, ETH, XLM and 28 others.

According to the Bloomberg news website, Binance has formally launched a crypto trading platform in Japan that complies with local regulations, the latest move in its attempts to reenter the Asian market.

Residents can apply for accounts beginning in mid-August. They will be able to trade on the new platform on Dec. 1.

Related

Binance purchased Sakura Exchange BitCoin in November of last year and announced in May of this year that it was developing a platform that would completely comply with local regulations.

This comes as Binance takes steps to broaden its Asian reach, including in South Korea and Thailand. However, the biggest cryptocurrency exchange is under heavy regulatory scrutiny in some other countries around the world.

Related

Elsewhere, recent reports have emerged that the U.S. Securities and Exchange Commission (SEC) asked Coinbase to cease trading in all cryptocurrencies other than Bitcoin before using the exchange.

Coinbase CEO Brian Armstrong reportedly told the Financial Times that the SEC made the recommendation before taking legal action against the company in June for failing to register as a broker.

The SEC's action listed 13 cryptocurrencies on Coinbase's platform as securities, claiming that the exchange violated the regulator's mandate by providing them to consumers.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD