Global cryptocurrency exchange Kraken has announced that it will withdraw its operations from Japan for the second time due to low demand for cryptocurrencies.
Kraken announced on its official website on December 28 that it has decided to cease operations in Japan due to weak demand for cryptocurrencies. Exchange January 31, 2023 as of at the Japan Financial Services Agency (JFSA) record will delete He also added to his comments.
Available in Japan, according to the statements made market of the conditions globally weak a crypto money market combined with the company’s resources for Japan currently productive that it is not reported that the decision has been made.
According to the information given, customers canJanuary 1, 2023 their assets from the Kraken platform until pulls needs. Crypto assets of affected customers transfer to external wallets balances next to Japanese Yen (JPY) There is also the possibility of towing.
Company January 9 customers affected by the decision on withdraw money of the functions deactivated stated that it will be made In addition, affected customers can withdraw their assets from the exchange. withdrawal limits have been removed included in the statements. Exchange, Feb 1, 00:00 JST As of today, all non-JPY fiat and crypto assets can be exchanged to JPY at market price. will be converted announced.