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Intensified Competition in Japan's Cryptocurrency Market


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Japan's cryptocurrency market has become increasingly competitive, especially following the launch of Binance Japan in August 2023. By offering 34 cryptocurrencies, Binance Japan challenges smaller exchanges, many of which list only a few tokens. This move has intensified competition among the 29 registered exchanges in the country, prompting concerns about market saturation and the viability of smaller platforms . Despite these challenges, established exchanges like Coincheck have maintained strong positions, leading in Bitcoin spot trading volume in the latter half of 2024 through user-focused innovations and competitive fees . As Japan continues to navigate this dynamic landscape, the balance between fostering innovation and ensuring market stability remains a central focus.

Read more:

https://bbs.t-firefly.com/forum.php?mod=viewthread&tid=4192&page=1&extra=#pid357467
https://www.ezega.com/Communities/Forums/ShowThread/35361/Unlock-Value-Management-Success-with-PeopleCert-MOVF-Exam-Preparation
https://www.arrl.org/forum/topics/view/5804
https://spiderum.com/bai-dang/Finding-It-Hard-to-Clear-the-APICS-CLTD-Exam-847PwGw3crlk
https://joinentre.com/feed/6335bca1-d195-b000-0a36-33aa06e69680

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