Binance Aims for License to Operate in Japan 4 Years After Leaving

The world’s largest crypto exchange is reportedly enthused by the relaxing crypto regulatory environment in Japan. The renewed interest from the world’s largest crypto trading platform in Japan follows the relaxing crypto laws in the world’s third largest economy under Prime Minister Fumio Kishida. As per a Bloomberg report, Binance’s interest in re-entering the Japanese market is guided by the country’s new economic policy that promises a fair share to the digital assets industry. Admitting that the company was in talks with the Japanese regulators, a Binance spokesperson refused to divulge details saying it would be inappropriate to comment on an ongoing dialogue. Around the same time, the country adopted a stablecoin regulation law and recognized stablecoins as digital money.