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PayPay buys 40% of Binance Japan to link cashless payments with crypto services for 70 million users.
PayPay, a major Japanese payment service owned by SoftBank, has acquired a 40% stake in Binance Japan, forming a strategic alliance to integrate cashless payments with digital assets.
The partnership aims to enable crypto purchases via PayPay Money within the Binance Japan app and allow withdrawals to PayPay, leveraging PayPay’s 70 million users and Binance’s blockchain expertise.
The collaboration seeks to enhance Japan’s digital financial ecosystem, expand access to Web3 services, and promote financial inclusion through secure, innovative financial products.
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PayPay compra el 40% de Binance Japan para vincular pagos sin efectivo con servicios criptográficos para 70 millones de usuarios.