RATE Group | Binance CEO Says Compliance Is Key for New Strategic Partnership in Japan
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Binance CEO Says Compliance Is Key for New Strategic Partnership in Japan

19 Jan Binance CEO Says Compliance Is Key for New Strategic Partnership in Japan

Posted at 07:50h in Cryptocurrency News by

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Binance, one of the top cryptocurrency exchanges globally, has started discussions regarding a  strategic partnership with two Japanese firms.

According to a press release on Jan. 17, Binance has begun negotiations with Z Corporation, a subsidiary of Z Holdings formerly known as Yahoo Japan and TaoTao, a Japanese licensed cryptocurrency exchange. 

The exact details of the partnership have not been revealed as of this moment, but Binance said Z Corporation and TaoTao would “continue discussions and deliberations with Binance and begin preparation to launch trading services for users in Japan”. 

Binance CEO Changpeng Zhao (CZ) commented to Cointelegraph on the partnerships:

“We are looking forward to our joint efforts with Z Corporation/TaoTao in bringing our services to Japan. Foremost, we want to ensure that we work in full compliance with Japanese laws and regulations where local and global standards function as a key role in establishing sustainable development industry-wide…

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