Bitcoin price today: muted at $118k but altcoins soar as House passes new bills
- Sakura Exchange BitCoin is set to shut down.
- In its place, the company will launch âBinance Japan.â
- Binance will return to Japan five years after its regulatory troubles started.
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, âBinance Japan.â
The move comes after Binance acquired Sakura to expand its presence in the land of the rising sun.
Sakura Exchange BitCoin to Shut Down in May
According to a notice to customers, one of Japanâs major crypto exchanges, Sakura Exchange BitCoin, is set to wind down its operation by May 31, 2023.
The exchange requested that customers sell their...