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    • 2 minutes read

    Binance Japan Partners with PayPay to Bridge Cashless Payments and Crypto

    Story Highlights
    • PayPay acquires 40% stake in Binance Japan to integrate cashless payments with crypto

    • Initial plans include buying crypto using PayPay Money and enabling crypto sellers to choose PayPay Money for withdrawals.

    • The partnership aims to make Web3 more accessible and secure for users

    Japan’s crypto market is picking up speed, with innovative collaborations emerging to make digital finance more accessible for everyday users. This momentum is creating opportunities to simplify access to digital assets and Web3 services, positioning Japan as a key hub for financial innovation.

    Now, a major partnership has got everyone buzzing. Could this bring crypto and everyday payments closer than ever before?

    Binance Japan and PayPay Team Up 

    Binance Japan Co., Ltd. (Binance Japan), the Japanese arm of Binance has announced a major partnership with PayPay Corporation (PayPay), a cashless payment service in Japan.

    Under this agreement, PayPay has acquired a 40% ownership stake in Binance Japan. Both companies will work closely together on technology integration that links cashless payments with digital assets. 

    As an initial step, they are introducing the purchase of crypto assets using “PayPay Money” directly through the Binance Japan app. They are also considering the development of a system that allows users to select “PayPay Money” as a withdrawal destination when selling crypto assets.

    Binance founder CZ shared the announcement on X. 

    Making Web3 More Accessible

    Takeshi Chino, CEO of Binance Japan, said that through this partnership, the company aims to make Web3 more accessible and provide safe, convenient cryptocurrency services to people across the country. 

    Masayoshi Yanase, Executive Officer at PayPay said that PayPay has been driving digital finance through smartphones and is working closely with financial partners to bring better solutions to users.

    Boosting Japan’s Digital Finance Ecosystem

    With over 70 million users, PayPay is one of Japan’s most widely used payment platforms. Combining that reach with Binance’s experience in crypto innovation could redefine how digital finance works in the country.

    Since August 2023, Binance Japan has been officially registered with the Kanto Local Finance Bureau and offers cryptocurrency spot trading and lending services through a secure and compliant platform – boosting public trust. 

    Japan Emerges as Asia’s Crypto Powerhouse

    This comes as Japan is emerging as a major growth hub in Asia’s crypto market. 

    Among APAC’s top five markets, Japan experienced the fastest growth, with the total on-chain crypto value rising 120% over the year ending June 2025 compared to the previous year.

    This surge follows regulatory and policy shifts, including crypto tax reforms, licensing of yen-backed stablecoins, and broader recognition of crypto as an investment instrument. 

    Moreover, Japan’s banking regulator is also planning to give crypto assets an official legal status as financial products. The regulator aims to submit a bill to parliament as early as 2026. 

    Never Miss a Beat in the Crypto World!

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    Supportive regulations, new partnerships, and growing user adoption are cementing Japan’s role as a leading hub for digital finance and Web3 innovation.

    FAQs

    What is the new partnership between Binance Japan and PayPay?

    Binance Japan and PayPay have teamed up, with PayPay acquiring a 40% stake. This collaboration integrates cashless payments with crypto, making digital assets easier to buy and sell for everyday users.

    How can I buy crypto using PayPay on Binance Japan?

    Through the Binance Japan app, you can now purchase cryptocurrencies directly with your PayPay Money balance. It’s a simple, secure way to dip into crypto without extra hassle.

    Why is this Binance-PayPay partnership important for Japan’s crypto scene?

    With PayPay’s 70 million users and Binance’s expertise, this deal boosts accessibility to Web3 services. It bridges traditional payments and digital assets, fueling Japan’s rapid crypto growth.

    How does this partnership make crypto safer and more convenient in Japan?

    By leveraging Binance Japan’s regulated platform and PayPay’s trusted app, users get compliant, user-friendly crypto trading. It minimizes risks while opening doors to seamless Web3 experiences.

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