Crypto lender Amber Group considers selling Japan unit: Report By Cointelegraph

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Amber Group, a Singapore-based crypto lender, is considering selling its Japanese unit as part of its plan to focus more on institutional business rather than retail business, Bloomberg reported.

According to managing partner Annabelle Huang, Amber is currently evaluating options for its Japan operation, including a potential sale, though no deal has been finalized. Huang noted that Japan is a “very high quality market, but regulations are strict.”