Binance expands into Japan, partners with subsidiaries of Japan Yahoo.

Binance exchange revealed that Z Corporation, a subsidiary of Yahoo Japan, and TaoTao have entered in negotiations with Binance for strategic partnerships in the Japanese market.

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One of the world’s leading crypto exchange Binance is continuing to expand into countries all over the world. In the latest collaboration, Binance is in negotiations with the Z Corporation, a subsidiary of Yahoo Japan, and TaoTao for strategic partnerships in the Japanese market.

 

“Couldn’t ask for a better partner than Tao Tao in Japan.”

The CEO and founder of Binance, Changpeng Zhao, tweeted that Many non-Japanese may not understand the significance of this. TaoTao & Z-Corp are subsidiaries of Yahoo Japan. YJ has been independent from Yahoo US for a long time and is doing well. It is 48% owned by Softbank. He added that they could not have asked for a better partner than Tao Tao in Japan.

 

Binance and Z Corp will ensure regulatory compliance.

The exchange, in its announcement, revealed that Z Corporation, Tao Tao, and Binance will cooperate with the Financial Service Agency to ensure full regulatory compliance in the Japanese market. The Malta-based exchange aims to enter the Japanese market and offer crypto and trading services in a regulated environment. Binance has been expanding all over the world by collaborating with local companies.

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Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

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