Kraken Set to Quit the Japanese Cryptocurrency Market
Cryptocurrency exchange Kraken, with headquarters in San Francisco, announced on Tuesday, April 17, that it has stopped its activity on the Japanese financial market because of the high operation cost there. However, the company hinted it could come back, with Japan being one of the world’s biggest bitcoin trading centres.
“Suspending services for Japan residents will allow us to better focus on our resources to improve in other geographical areas,” the company said in a statement.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/kraken-to-quit-japanese-cryptocurrency-market/