BANGKOK -- Cryptocurrency giant Binance is changing tack as it eyes the underdeveloped industry in Southeast Asia, reversing an "enter first, comply later" approach that has triggered warnings by financial authorities in the U.K., Japan and Singapore.
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Leon Foong, head of the Asia Pacific market for Binance, said the company sees the current dip in cryptocurrency prices as a chance to rebuild the industry with stronger players. (Source photo by Francesca Regalado and Binance website)
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