Coinbase, the largest US cryptocurrency exchange, announced that it will completely liquidate its operations in Japan.
Coinbase announced on its official website on January 18 that all of the company’s activities in Japan will be terminated reported. During liquidation, the company grievance not to live do his best promised to do.
In the announcement, January 20 as of the platform on deposit transactions deactivated to reclaim users’ assets. by February 16 reported that they will have time. Users balance their to different wallets and to different service providers as it can transfer liquidation by fiat money unit of in terms of they can get it back.
Moreover February 17 automatically all digital assets after Japanese Yen will be converted to currency and the following month, the relevant amounts will be charged as required by law. of regulators determined by a guarantee will be sent to your account. In order for asset owners to get their assets back later, law office with coordinated It was also among the explanations that it would need to work.
Vice President of Business Development and International at Coinbase Nana Murugesan In recent weeks, most of the operations in Japan will be liquidated disclosed, but a potential merger or buy He said he could not comment on it.