Fellow Binancians,
Binance Japan Inc. has decided to reduce its capital stock by 449,998,800 Japanese Yen (JPY), leaving a balance of 99,000,000 JPY.
Creditors have the right to file objections within one month from the next day of this public notice issuance, i.e. by 2023-12-15.
The final balance sheet disclosures are as follows:
Page 71 on the official gazette dated 2023-04-20 (Extra edition No.85)
Note: Where any discrepancy arises between the translated versions and the original Japanese version, the Japanese version shall prevail.
Thanks for your support!
Binance Japan
2023-11-14
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning
Crypto assets are not "legal tender" whose value is guaranteed by the government, such as the Japanese Yen or Dollar. They are electronic data exchanged over the Internet.
Crypto assets can incur losses due to price fluctuations. You may lose money if the price of a crypto asset plummets or suddenly becomes worthless.
Crypto assets may not trade at the price or volume you ordered due to market conditions or liquidity fluctuations.
Cryptographic assets may lose their value due to the failure of the blockchain or other recording mechanisms.
If the login information used for electronic authentication is compromised, a third party may misuse that information, which could result in losses to you.
If you use a self-managed wallet, etc. and lose your private key or password, you may not be able to use the cryptographic assets you hold and may lose their value.
Although the Company manages users' assets separately from the Company's assets, in the event of the Company's bankruptcy, the Company may not be able to return the deposited money or cryptographic assets.
Cryptographic assets may be used for payment in lieu only with the consent of the person receiving payment in lieu.
The price of crypto assets varies between the purchase price and the sale price.
