Amber Group, a Singapore-based crypto lender, is considering selling its Japanese unit as part of its plan of focusing more on institutional business rather than retail business. According to managing partner Annabelle Huang, Amber is currently assessing options for its Japan operation, including a potential sale, though no deal has been finalized. Meanwhile, Amber is planning to apply for a virtual asset trading platform license in Hong Kong following the special administrative region's push to become a digital hub. Huang believes that the regulatory scene in Hong Kong has been very bullish for the firm.
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