Binance Japan to list 13 tokens new tokens in one of the world’s strictest crypto markets Binance Japan to list 13 tokens new tokens in one of the world’s strictest crypto markets
The crypto giant's Japanese division, which has long-term plans to offer 100 or more tokens, will add the new listings on Nov. 27.
1 min read
Updated: Nov. 15, 2023 at 3:31 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Binance’s Japanese division announced plans to list 13 new tokens for spot trading and crypto-earning services starting Nov. 27, according to a Nov. 15 statement shared with CryptoSlate.
This move increases the exchange’s token offerings from 34 to 47, making it the largest platform with the most extensive token selection in Japan. Per the statement, the exchange is listing crypto assets like Hedera Hashgraph (HBAR), Near Protocol (NEAR), Optimism Network (OP), Immutable X (IMX), and Arbitrum (ARB).
Other assets to be listed include ApeCoin (APE), Klatyn (KLAY), Lisk (LSK), The Graph (GRT), and Render Token (RNDR).
Binance Japan revealed that the 13 tokens are already listed on other registered platforms in the Asian country. According to the firm, these assets were deemed eligible following assessments by the Japan Virtual and Crypto Assets Exchange Association (JVCEA).
Takeshi Chino, BInance Japan CEO, said:
“This is another big step towards our ambition to offer 100 tokens in Japan. Binance is fully committed to helping Japan take a leading role in Web3 adoption. We will continue striving to enrich our service offerings in Japan by leveraging our global expertise and our leading blockchain ecosystem.”
In August, Binance re-entered the Japanese market as a Japan Financial Services Agency (JFSA)-regulated firm after acquiring Sakura Exchange BitCoin (SEBC), a registered crypto exchange service provider, in 2022.
Meanwhile, Binance’s expansion in Japan coincides with the departure of major players like Kraken and Coinbase earlier this year.
Japan is one of the few countries that has maintained strict crypto regulations. The regulatory framework was crucial in safeguarding FTX Japan customers’ funds from the parent company’s bankruptcy.
Mentioned in this article
Author 
Oluwapelumi Adejumo
Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
Latest Japan Stories
Latest Arbitrum Stories
Featured Story
Advertise Here
In this article
Arbitrum is a type of technology known as an optimistic rollup.
Optimism
$1.92518
Optimism is a layer-2 scaling network for the Ethereum blockchain.
NEAR Protocol
$5.42923
NEAR is a decentralized development platform built on top of the NEAR Protocol, which is a public, sharded, developer-friendly blockchain.
Hedera
$0.27259
The Hedera hashgraph platform provides a new form of distributed consensus; a way for people who don’t know or trust each other to securely collaborate and transact online without the need for a trusted intermediary.
Lisk
$0.93143
Lisk is a blockchain application platform that inspires, enables and supports developers to build blockchain applications written in JavaScript..
Klaytn
$0.23399
Klaytn is Kakao’s enterprise-grade, service-centric platform that aims to bring a user-friendly blockchain experience to millions of users.
Binance
Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies.