The world’s biggest Crypto exchange, Binance is now seeking to get a permit for operating in Japan after the exchange retreated from the country four years ago due to the lack of license.
As per reports, Binance’s reviving interest for operating in Japan came in after Japan’s slightly easing approach towards crypto.
A spokesperson revealed, Binance is “committed to working with regulators and policymakers to shape policies” in order to safeguard consumers, foster innovation, and move the industry forward, without commenting on the firm’s current talks with Japan’s regulators.
Note that the firm’s move falls in the backdrop of Japan’s Prime Minister, Fumio Kishida‘s campaign called “New Capitalism” that promises to revamp the nation’s economy, household wealth and also boost Japan’s Web3 sector.
Also Read: Japan’s Financial Regulator Wants Easy Tax Laws for Crypto
