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Gate Group Acquires Coin Master Co., Ltd. to Expand Localized Services in Japan  

Author: Content Editor
The crypto news content discusses Gate Group's acquisition of Coin Master Co., Ltd., a Japanese cryptocurrency service provider. Gate Group, through its subsidiary Gate Information PTE. LTD., completed the acquisition and renamed Coin Master to Gate Japan Co., Ltd. This move aligns with Gate Group's strategy to provide exclusive trading services tailored to Japan's regulatory framework and rebuild trust with the local market.

Furthermore, Gate.io, a platform owned by Gate Group, announced the cessation of opening new accounts for Japanese users and gradually terminating global services in Japan to comply with local regulations.

In addition to Gate Group's acquisition, the content mentions a partnership between Slash Vision Labs and a Japanese credit card issuer to launch a crypto-backed credit card in 2025. This initiative aims to integrate cryptocurrencies into mainstream financial activities in Japan, allowing users to pay for manga content with cryptocurrency on the Comilio platform.

Overall, these developments highlight Japan's increasing integration and acceptance of cryptocurrencies within its financial and cultural landscape, with Gate Group and Slash Vision Labs positioning themselves as key players in this evolving industry.

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