According to Coinpost, on November 13th, PANews reported that Binance had previously announced that Japanese customers could apply for accounts starting from mid-August and would not be able to access the global Binance platform after November 30th, but could trade on the new platform starting from December 1st. Currently, Binance recommends that Japanese users complete the identity verification process on Binance Japan before 23:59 on November 20th (Japanese time) because it takes a lot of time, and there are still many users who have not completed this procedure.
As of November 13th, there is less than a week left until the transition deadline. Users who complete the identity verification process will be able to use Binance.com's global services until November 30th, 2023, but from December 1st, they will become customers of Binance Japan, and their Binance.com accounts will be cancelled. After 10:00 am local time on December 1st, Japanese users who have completed the identity verification process will be migrated to Binance Japan. If KYC has not been completed, Japanese users' use of the global Binance platform will gradually be restricted, and they will only be able to use the "withdrawal" function, and in this case, customer assets will not be protected by local laws and regulations.