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Binance to Discontinue Crypto Services for Japan Residents, Launches Local Platform in 2023

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Binance, the world's largest cryptocurrency exchange, will stop offering crypto services to Japanese residents from November 30, 2023, in order to comply with regulatory standards. However, the exchange is developing a local platform, Binance Japan, which will launch in the summer of 2023 and cater specifically to Japanese users. Binance will provide a migration link for Japanese users to complete their identity verification process before the deadline. Binance Japan aims to promote trust and ensure the long-term sustainability of the cryptocurrency industry in Japan. 

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