Licensing is already essential in Japan because Japanese authorities consider Bitcoin a legal tender, and exchanges must comply with the regulations that the FSA already has in place.
BINANCE DESKTOP APP HAS WARNING ANDROID
If you are using the Ravencoin Android Wallet for the first time, just make sure you get the newest one (not Classic) and you’re all set. Current wait time is 1hr, might be worth just sticking it out. The FSA has issued a warning to the company for operating without a proper license. Meanwhile you have the possibility to use Binance via the desktop app (available for Windows and Mac) or via the iOS or Android app. The announcement of these events, given the massive popularity of the Binance exchange, caused a slight drop in the price of Bitcoin, but the value loss has since been recouped.īinance is the world's largest crypto exchange by trade volume and receives approximately 9% of its traffic from Japan. In response, the company has closed its Tokyo office and is planning to open a new office in Malta. The Japanese Financial Services Agency (FSA) has decided to crack down on Binance, a popular digital asset exchange based in Hong Kong. Soon after, the company closed its Japanese office and moved operations to Malta.
BINANCE DESKTOP APP HAS WARNING HOW TO
Learn more about what is Binance, how it works & how to get started. Japanese financial regulators issued a warning to Binance. Binance is the future of cryptocurrency exchange that has been rapidly growing.
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