Gate Group Announces Acquisition of Coin Master Co., Ltd., Officially Entering the Japanese Market
Dec 24th, Panama -According to an announcement by a cryptocurrency exchange platform, Gate.io and Financial Services Agency of Japan (FSA) today, Gate Group has successfully acquired all issued shares of Coin Master Co., Ltd., a Japanese cryptocurrency service provider. The acquisition was carried out through Gate Japan K.K.(Gate Japan) 「CEO:Lin Han」, a Singaporean entity, which is a part of Gate Group. As of today, Coin Master Co., Ltd. will officially be renamed "Gate Japan K.K." ("Gate Japan"), marking a significant step in Gate Group's expansion into the Japanese market.
Gate.io announced on July 22, 2024, that it would cease opening new accounts for users residing in Japan and gradually phase out its global services for Japanese users. This strategic move aligns with Gate.io's comm...