TOKYO -- Cryptocurrency giant Binance has acquired Japan's Sakura Exchange BitCoin, the exchange operator announced on Wednesday, marking its official re-entry into the East Asian market.
Binance did not disclose the price it paid for Sakura -- a Tokyo-based outfit registered with Japan's Financial Services Agency (FSA) -- but it is believed to be in the billions of yen (1 billion yen equals $7.2 million).
