Binance is seeking permission to return to the Japanese market after four years

Binance, the world’s largest cryptocurrency exchange, is seeking a license to operate in Japan, four years after pulling out of the country because it did not have a permit, according to people familiar with the matter.

The nation’s relaxed approach to crypto and significant potential for user growth are key reasons for Binance’s renewed interest in the world’s third-largest economy, one of the people said.

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