Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Report

Bitcoin.com | Sep 28, 2022 at 8:30 AM
  • Crypto exchange Binance is reportedly seeking to reenter the Japanese crypto market.
  • The key reasons behind Binance’s renewed interest in Japan are the Japanese government’s easing regulatory approach to crypto and substantial potential for user growth.
  • Binance exited the Japanese crypto market in 2018 following a warning by Japan’s top financial regulator, the Financial Services Agency (FSA), about operating without a license.