Gate Group Enters Japan’s Crypto Market with Coin Master Acquisition  

• Gate Group finalizes Coin Master acquisition, rebranding as Gate Japan Co., Ltd., emphasizing regulatory compliance and localized trading services.  
• Gate.io halts new accounts for Japanese users, signaling a strategic shift to regulatory adherence through Gate Japan Co., Ltd.  
• Japan’s crypto growth advances with the 2025 Slash Card launch, integrating cryptocurrency payments and innovative “Pay-to-Earn” features.  

Gate Group has acquired Coin Master Co., Ltd., a crypto asset trading platform in Japan, under its Singapore-based arm, Gate Information PTE. LTD. The acquisition was finalized by CEO Lin Han, marking a significant move to expand its operations in the Japanese market. Coin Master has been rebranded as Gate Japan Co., Ltd., and it will now focus on providing localized trading services tailored to Japan’s cryptocurrency regulations. 

Gate.io Restricts New Accounts for Japanese Users  

On July 22, 2024, Gate.io announced that it would no longer open new accounts for Japanese users. Moreover, the platform has initiated the gradual termination of global services for users in Japan. This decision underscores the company’s commitment to compliance with local regulatory standards.  

Consequently, Gate Group’s operational focus in Japan now centers on Gate Japan Co., Ltd. The company aims to rebuild trust and deliver a trading experience that aligns closely with Japan’s cryptocurrency laws.  

Focus on Compliance and Localized Services  

Gate Group’s transition reflects a broader strategy to strengthen its presence in Japan’s evolving crypto market. The rebranding to Gate Japan Co., Ltd. highlights its dedication to offering services that meet the country’s stringent regulations. Additionally, this move positions Gate Group to capitalize on growing cryptocurrency adoption in Japan while ensuring transparency and legal adherence.  

Cryptocurrency Payments Expand in Japan  

Besides regulatory advancements, Japan is also witnessing significant growth in cryptocurrency integration. A notable development is the upcoming launch of the Slash Card in 2025, a crypto-backed credit card introduced by Slash Vision Labs in partnership with a Japanese credit card issuer.  

The Slash Card will comply with Japan’s legal framework and introduce features like “Pay-to-Earn” airdrops for crypto projects. This innovation aims to make cryptocurrency payments more accessible and engaging for Japanese consumers.  

Slash Vision Labs Broadens Crypto Adoption  

Moreover, Slash Vision Labs has been expanding its efforts to integrate cryptocurrency into Japan’s entertainment and payment ecosystems. Its Comilio platform allows users to pay for manga and other content using digital currencies. Significantly, these initiatives aim to expand Web3 opportunities while integrating cryptocurrencies into mainstream activities.  

These developments demonstrate Japan’s increasing acceptance of cryptocurrencies in financial and cultural domains. Gate Group and Slash Vision Labs are emerging as pivotal contributors to this transformation, each playing a role in reshaping the country’s crypto landscape.