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Binance CEO Applauds Japan Crypto Rules Amid Reforms
- Binance CEO Richard Teng applauds Japan's open and transparent style of regulating cryptocurrencies.
- Japan has 11 million cryptocurrency accounts in 2024, according to Teng.
- Japan's Financial Services Agency (FSA) imposes tight requirements for crypto exchanges and AML compliance.
- New regulations in Japan aim to improve asset protection and stablecoin policies.
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