March 28, 2023

Binance Exchange May Stop Serving Users in Japan

According to the new Binance cryptocurrency exchange policy, Japanese users may face gradual limitation of trading services.

In this week's officialIn a notification, the exchange announced that its main platform,, will introduce a “gradual restriction of trading functions” for Japanese residents “in the near future”.

At the moment, all services are available forJapanese users, however, according to Binance, will soon be published details related to future restrictions. This step is reminiscent of the initiative implemented by Binance in the United States.

In June last year, the exchange announced the termination of customer service in the United States, and then opened a branch of the Binance.US site in the country. However, it is not yet clear whether the company plans to open an exchange in Japan.

Recall that this month the Ministry of Digital Transformation of Ukraine reported that the cryptocurrency exchange Binance filed a package of documents to open an account with the Ukrainian bank IBOX BANK.

In addition, in December Binance added new trading pairs with the Turkish lira and the Russian ruble, and in November last year, the exchange added the possibility of trading with the Russian ruble.