Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market – Exchanges Bitcoin News

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Cryptocurrency change Kraken is shutting down providers in Japan. The company defined that the present Japanese market circumstances and a weak world crypto market don’t justify the resources wanted to additional develop its business in Japan at the moment. Kraken Exiting Japan Cryptocurrency change Kraken introduced Wednesday that it has determined to “cease its operations in Japan and deregister from the Financial Services Agency (JFSA) as of January 31, 2023.” The company defined that the choice to exit the Japanese crypto market is a part of its “efforts to prioritize resources and investments” in the areas that align with the

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