Japan is a “very high-quality market, but regulations are strict,” Huang said, adding the firm doesn’t have an announcement at the moment about a deal.
Crypto lender Amber Group is weighing options for its Japan unit, including a possible sale, and plans to apply for a Hong Kong license following the city’s pivot toward creating a digital-asset hub.
The evaluation of the Japan operation is part of a strategic decision to focus more on institutional rather than retail business, Amber’s Managing Partner Annabelle Huang said in an interview on Bloomberg Television on Friday.
