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

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Crypto exchange Kraken is shutting down in Japan citing current Japanese market conditions and a weak global crypto market. cryptocurrency

Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this time.Cryptocurrency exchange Kraken announced Wednesday that it has decided to “cease its operations in Japan and deregister from the Financial Services Agency as of January 31, 2023.

Current market conditions in Japan in combination with a weak crypto market globally mean the resources needed to further grow our business in Japan aren’t justified at this time. All affected clients have until Jan. 31 to withdraw their fiat and crypto holdings, the announcement adds, noting that deposit functionality will be removed on Jan. 9. Kraken also assured customers that it is “fully funded to ensure all affected clients can withdraw their assets in a timely manner.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

$LCX.

Help with retweet bro.

Another crypto exchange that hasn't survived the cruel 2022😆

New Blockchain Mind_Smart_Chain is Live. Also, take a new experience of decentralized exchange Mindchain_Swap Follow MindChain1

Amazing personality with great leadership qualities CryptoMGray I believed in his mentorship and success followed. A very reasonable amount that I can't even get from my current job, I guess someone might need his help as well. No better joy than making positive steps.

I'm just here to show my appreciations to the man who took me out from zero to hero via crypto trading i'm so glad to be among your winning team sir and i will always show my gratitude and work with you always For more info contact 👇👇 MarcoadlerFx

0x321b28858Be9b4Dd6cf49955c5cb89C22FE5d180 eth address(metamask) plz help me sir 1Q7hrXcah7NTyPRBs7aS8DHdxSbukEFCez BTC address plz help me sir

It's a really bad time for the crypto market.

Crypto trading is all about trends and making profits don’t let anyone tell you bearish season is an exit point follow Trader_Koko for more insight. Also join his free signal channel.

Bitcoin

BabyDoge

Binance Live with JaiHoCrypto 🗓️ January 7, 2023 ⏰ 8PM(IST) | ⏰ 2:30PM(UTC) 🔥JaiHoCrypto 1⃣st International AMA to aware thousands of people about JaiHo Web3.0 ...Don't miss this opportunity to understand the usecase and future plans of JaiHoCrypto

Lol, I never used it in the first place, but still glad I was holding my crypto in OWNR wallet. Holding crypto on exchanges is really dangerous.

😳

Trading altcoin made easy with we guarantee massive returns on every call, analysis on every call and mind-blowing profits daily,about $500-$1500.

GOLDEN SPARROW GSPV2 The future crypto world 🕊Tax - 10% 🕊Redistribution- 6% as BNB 🕊Autoburn - 1% 🕊Marketing and development- 3% 🕊liquidity lock -100% for 7 years realGSTArmy 1000x goldensparrowtoken Cryptocurrencies

🙈

Karken blaming a “weak crypto market globally.” The company will de-register from Japan's Financial Services Agency on Jan. 31, 2023.

So where is the Kraken FUD? Do it like how the did Binance.

They will be back in Japan in the next bull market.

Oh, that's not good.

😯

Using ChiefraFba signals, I have a 92% win rate in the last two months!

This is exactly why I only trust ChiefraFba for signals and analysis

btc will not end they can’t stop it. No matter how hard they try

I made a lot of progress so far with Leticia_thomas8.I was lucky to find some recommendations about he's good works.and I was determined to give it a try, it wasn't long I started and I have recovered 100% of what I lost to those scammers. thank you once again Leticia_thomas8

Another one bites the dust

Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months

Ummm... Guys, anybody has i-nfo about that defi free money glitch everybody's talking about?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kraken quits Japan for second time blaming a ‘weak crypto market’Kraken said it could not justify deploying the resources needed to further grow its business in Japan and it will pull out of the market in January. It's the second time Kraken has shut up shop in Japan. THE BEST TRADING PLATFORM IS HERE AGAIN. LEARN HOW TO TRADE, BUILD YOUR PORTFOLIO WITH OUR ACCURATE SIGNAL .😍 (ATLEAST 3-4 PROFITABLY SIGNALS DAILY 🤑🤑. TO JOIN; HIT OUR TELEGRAM PLATFORM AND START EARNING 👇👇👇👇👇👇👇 Not surprised. The liquidity and spread on kraken is quite bad. Kraken app is amazing, but that's about it. يمكنك كسب ما يصل إلى 100٪ -500٪ عوائد يومية من التداول الفوري والعقود الآجلة من خلال إشاراتنا المربحة اليومية. ترغب في الانضمام إلى قناتنا المجانية على Telegram ، انقر فوق الرابط
Source: Cointelegraph - 🏆 562. / 51 Read more »

Kraken quits Japan for the second time, blaming a ‘weak crypto market’Cryptocurrency exchange Kraken, via its subsidiary Payward Asia, has decided to pull out of the Japanese crypto market once again, citing a “weak crypto market.” But us giant I didn't even know they came back lol. Japan has more than enough centralized exchanges with high volume anyway.
Source: Cointelegraph - 🏆 562. / 51 Read more »