Kraken Pulls Out of Japan, Shuttering Operations There


Kraken, the US‐based cryptocurrency exchange, has announced the shuttering of its trading operations in Japan due to soaring operating costs. However, the company has hinted that it could return in the future. Although Japan has surfaced as a hotbed for cryptocurrency trading in recent months, Kraken’s dominance in the Japanese crypto market is fairly small.

The San Francisco‐based crypto exchange Kraken will call it quits from Japan’s fertile trading ground by the end of June 2018. Reportedly, the company will terminate all services it’s currently offering to Japanese residents.

Читайте далее на →