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Tag Archives: Japan

Kraken Ends Trading Services in Japan – The Merkle

Kraken, one of the longest-operating cryptocurrency exchanges in the world, is pulling out of Japan. Kraken attributed the exit to the rising cost of doing business in the country, but said that it might return in the future. The exact dates for suspending trading and funding have not been determined yet, and the San Francisco-based exchange promised to contact its ...

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Japan Leads the Way as Cryptocurrency Activity Soars

Join our community of 10 000 traders on Hacked.com for just $39 per month. Recent data from Japan’s Financial Services Authority show a huge interest in cryptocurrency, with 3.5 million crypto traders active in the country. The survey, taken from 17 Japanese cryptocurrency exchanges, shows that the most traded cryptocurrencies in Japan are BTC, ETH, XRP, BCH, and LTC. Most crypto ...

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Crypto Exchange Kraken | Closes its Doors to Japan, What’s Going On?

The crypto exchange Kraken will be closing its doors to Japan. Investors in Japan will no longer be able to use San Fransisco-based Kraken’s cryptocurrency services. Kraken released a statement earlier today announcing that the exchange “will be suspending all exchange services for residents of Japan.” The statement continues to say that the crypto exchange Kraken doesn’t yet have the ...

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Kraken to Suspend Trading in Japan due to Rising Costs and Low Volume

Japan is a very important country to cryptocurrency companies. With its open-minded regulation and positive approach to cryptocurrencies, there are a lot of benefits to this region. Surprisingly, the Kraken trading platform is ceasing its service in Japan very soon. This sudden decision is the direct result of rising costs associated with offering services to local customers. Kraken is Exiting ...

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Crypto Exchange Giant Kraken Quits Japan Citing Rising Costs: Report

Join our community of 10 000 traders on Hacked.com for just $39 per month. US-based cryptocurrency exchange Kraken will reportedly shutter its trading services in Japan due to rising business costs. Referencing an emailed statement from Kraken, Bloomberg is reporting that the San Francisco-based exchange operator is closing ‘all of its services’ in Japan with a tentative planned exit in ...

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Japan Has Become a Cryptocurrency Haven, Multi Billion Dollar Firms Launch Exchanges

Japan is quickly becoming a global center for blockchain ventures and cryptocurrency firms. Despite the region’s colorful history–involving Mt. Gox, for example–the local authorities see merit in these new technologies in the global cryptocurrency industry. Major local conglomerates have begun to enter the sector, with some of them operating cryptocurrency exchanges. Japan’s Checked History With Bitcoin When people discuss Bitcoin, ...

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Yahoo! Japan Confirms Acquisition of 40% Stake In BitARG Exchange Tokyo

Yahoo! Japan Corp has confirmed on Friday it will buy a minority stake in Tokyo-based cryptocurrency exchange BitARG in order to join the digital money industry. Yahoo! Japan Enters Cryptocurrency Space Through BitARG Yahoo! Japan Corp,  a Japanese internet company originally formed as a joint venture between the American internet company Yahoo! and the Japanese company SoftBank, confirmed the news ...

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Yahoo Japan is Buying 40% Stake in Cryptocurrency Exchange

Join our community of 10 000 traders on Hacked.com for just $39 per month. Yahoo Japan is set to buy a minority stake in Tokyo-based cryptocurrency exchange BitARG with services primed for launch later this year. In significant news out of Japan on Friday, a domestic subsidiary of tech giant Yahoo Japan will be acquiring 40% of Tokyo-based cryptocurrency exchange ...

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