SoftBank’s PayPay invests in Binance Japan to expand in crypto
Government
SoftBank’s digital payment provider PayPay has taken a 40% stake in Binance’s Japan unit, seeking to capitalize on the country’s booming crypto market. PayPay — a payments app operator owned by SoftBank’s Japanese telecom arm — announced the investment in Binance Japan in a joint statement on Thursday, without disclosing the amount paid for the stake. The companies plan to launch a service that will allow users to buy crypto through Binance using their PayPay accounts, they said. Japan’s
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