Kraken, the US-based cryptocurrency exchange, has announced their plans of ceasing all of their trading operations in Japan in the near future.
Release the Kraken . . . From Japan!
The Kraken exchange, one of the larger cryptocurrency exchanges in existence, has just announced that they will be leaving the Japanese market for the time being.
In a report published by Bloomberg, Kraken stated:
Suspending services for Japan residents will allow us to better focus on our resources to improve in other geographical areas. This is a localized suspension of service that only affects residents of Japan and does not impact services for Japanese citizens or businesses domiciled outside of Japan.