Binance Japan Plans to List 34 Different Tokens
Binance, the leading cryptocurrency exchange, is finalizing preparations for its return to Japan after two years of absence.
The exchange’s head, Changpeng Zhao, announced this in July and promised to complete the process before the end of the summer.
Coinpost has now reported that the company plans to list 34 coins in the first stage of its return. The BNB token will be available in Japan for the first time as well.
Users will have access to spot trading, Earn products and the NFT marketplace.
In 2018, the Japanese Financial Services Agency (FSA) warned Binance about the need to obtain a license in order for the platform to continue operating in the country.
In response, the exchange decided to restrict Japanese users from accessing the platform.
However, the failed negotiations of Binance and local crypto trading firm TaoTao for the creation of a joint company were the ultimate trigger for its exit.
In September 2021, the crypto exchange re-applied for a license in Japan and is now awaiting an official decision.
