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Binance to Re-enter Japan’s Crypto Market After Acquiring Regulated Entity SEBC

May 03 (blockzeit.com) - Binance is getting ready to re-enter the Japanese market by buying a 100% share in Sakura Exchange BitCoin (SEBC), a registered supplier of crypto services.

The move marks Binance’s re-entry into Japan after a four-year absence, during which the country’s financial authorities issued a warning that the exchange was operating in the country without permission.

To ensure regulatory compliance, Binance CEO Changpeng Zhao announced that the new service, provisionally named “Binance Japan,” would launch after June 2023. Existing services on SEBC will terminate on May 31, 2023, ahead of the new launch.

SEBC Exchange has recently announced a significant change in its operational policy. According to the new directive, users of the platform must withdraw their cryptocurrency assets by May 28; failing to do so will result in the automatic conversion of assets into Japanese yen. ...continue reading

Weather authorities urge caution against floods, landslides in Ishikawa

Japan's Meteorological Agency has changed its heavy rain emergency warning for parts of Ishikawa to a warning. But it is still urging people to stay alert for possible floods and landslides in the central prefecture. (NHK)

Ohtani Hits Milestone with 52-52 Record

Shohei Ohtani returned to Dodger Stadium in spectacular fashion, hitting a home run and stealing a base in his first game back, raising his season total to 52 home runs and 52 stolen bases.

China to Lift Japanese Seafood Ban

Japanese Prime Minister Kishida Fumio says Japan and China have reached an agreement that will lead to the resumption of China's imports of Japanese seafood. (NHK)

Tohoku Shinkansen Unexpected Detaches at 315 km/h

The Tohoku Shinkansen came to a halt for five hours on Thursday due to an unexpected mid-journey separation of the linked Hayabusa and Komachi trains, 30 minutes after passing Furukawa Station with a total of 320 passengers on board.

Eruption Warning for Izu's Sumisu Island

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