Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Report
Crypto exchange Binance is reportedly seeking to reenter the Japanese crypto market. The company exited Japan four years ago after the country’s financial regulator warned that Binance was operating illegally without a license.Crypto exchange Binance is seeking a license to return to the Japanese crypto market, four years after exiting the country, Bloomberg reported Monday, citing people familiar with the matter.
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, according to one of the people. A spokesperson for Binance told the publication that the company is “committed to working with regulators and policymakers to shape policies that protect consumers, encourage innovation, and move our industry forward.” However, the spokesperson would not comment on specific license applications, noting that “It would be inappropriate to comment on any conversations with regulators.”
Nice! BNB will be going up again!
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Japaneses won't take bribe that easly. This will be hard for binance since Japan authorities knows cz_binance is a worlds one of biggest scammer. bitcoin bnb (peeNpee) crypto
Good news but I will stay on bfx
That would be easy for them, considering how fast they spread
Recently Binance established a global advisory board to tackle regulatory challenges.
Build over the Earth
yes binance pool its on Robinhood can't trade yet but its listed on Robinhood . Bullish🚀🚀🚀 search ethw in robinhood moon baby
Binance found Japan as a perspective place.
rogerdrobson1 !!!!!!!
I remember why the exited! They were accused of scamming people and fraud and then when the accusers tried to sue them, they had no address to sue and then when CZ was under investigation he fled country to country and ended up in Malta and never got in trouble for anything!
Görürüm insallah
CZ is a baka and a gaijin
Cool, I only listen to ChiefraFba for signals!