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.”
• Binance will return to Japan five years after its regulatory troubles started.

After years of regulatory struggles, Binance, the world’s largest exchange, is finally returning to Japan.

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.”

The move comes after Binance acquired Sakura to expand its presence in the land of the rising sun.

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