Cryptocurrency company Amber Group is considering selling its Japanese licensed subsidiary, DeCurret.
“Japan is a very high-quality market, but there are very strict rules,” said Amber managing partner Annabelle Huang.
Instead of operating in Japan, the firm plans to apply for a license in Hong Kong.
According to Huang, the company wants to focus more on institutional clients rather than retail business.
Earlier, Coinbase and Kraken left Japan.
Holpop News
Holpop News
Amber Group plans to withdraw from the Japanese market and apply for a license in Hong Kong
posted on April 15, 2023 by holpop in Blockchain
