Binance acquires regulated crypto exchange in Japan

TOKYO, Nov 30 (cointelegraph.com) - Binance has managed to expand its services throughout the past year by either acquiring an operating license or buying a stake in a regulated entity.

Cryptocurrency exchange Binance plans to reenter the Japanese market after acquiring a 100% stake in a licensed crypto service provider in the country, Cointelegraph Japan reported.

In an official public announcement on Nov. 30, Binance CEO Changpeng Zhao said the crypto exchange was committed to re-entering the Japanese market under regulatory compliance. The acquisition of Sakura Exchange BitCoin (SEBC), a Japan Financial Services Agency-licensed business, would mark the re-entry of global exchange in the Japanese market after four years. ...continue reading

Japan Plans to Raise Teacher Pay

Japan's Finance Ministry presented a plan on November 11th during the Fiscal System Council to gradually increase the 'teacher adjustment allowance' --currently awarded as a substitute for overtime pay -- from its current 4% of monthly salary to 10% over a span of five years.

Satellite Malfunction Leaves Japan Weather Images Unavailable

The Japan Meteorological Agency (JMA) is currently experiencing issues displaying images from the Himawari weather satellite on its official website. Efforts are underway to identify the cause and restore normal service, but the timeline for recovery remains unclear.

Watami Acquires Subway, Aims to Open 3,000 Stores in Japan

Major izakaya chain operator Watami has acquired Subway Japan in a large-scale acquisition it views as a 'second founding,' aiming to establish a foothold in the fast-food market.

Skytree Begins 'Real-Time Translator'

Tokyo Skytree has started a pilot project for a 'Real-Time Translator' that can display up to 100 languages.

Mt. Fuji Trials Electric Self-Driving Buses

An autonomous driving experiment for electric vehicle (EV) buses is underway in mountainous terrain for the first time in Japan.

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