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Crypto Lender Amber Mulls Potential Sale of Japan Subsidiary

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.

(By Suvashree Ghosh and Annabelle Droulers)

Amber Group Japan Hong Kong
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