Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Report – Regulation Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Crypto exchange Binance is reportedly seeking to reenter the Japanese cryptocurrency market after exiting it four years ago. bitcoin

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.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nice! BNB will be going up again!

Staking with UpcomingsDAO

Stay home,stay safe and with your cell phone of you can investing online and cash out $20,000 † weekly. If you intend to start , follow & send a DM

9catDigital provides the following services:- Smart Contract Website Web3 Platform Decentralized Application Gamefi They have a team which is the best and would help your project to reach the moon and flourish. Stop thinking start contacting!! crypto service

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!

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines