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SoftBank and PayPay Acquire 40% of Binance Japan, Bringing Crypto to 70 Million Users
SoftBank-backed PayPay has acquired a 40% equity stake in Binance Japan. The deal makes Binance Japan an equity-method affiliate of PayPay as of September 2025. The partnership will let Binance Japan users trade crypto assets using PayPay Money. Users can buy crypto with PayPay Money inside the Binance Japan app. They can also withdraw funds to PayPay Money when selling assets. PayPay operates as one of Japan’s largest mobile payment platforms. The service launched in 2018 and reached 70 million users in July 2025. In 2024, PayPay processed 380 million remittances, up 36% from 280 million in 2023. Binance Japan ... (full story)
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