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Tag: financial services agency

Kraken crypto exchange to shut down its Japan operations amid a weak global crypto market

Crypto exchange Kraken announced today it will shut down its operations in Japan in January next year as crypto winter takes a toll on...

Kraken to Shut Down Operations in Japan

Crypto exchange Kraken will terminate its services in Japan amid a company wide-restructuring effort.A Wednesday announcement on a Japanese government publication disclosed that Kraken’s...

Kraken to shutter operations in Japan by end of January 2023

Kraken will shut its operation in Japan and deregister with the country’s  Financial Services Agency on Jan. 31, 2023, according to...

Kraken Leaves Japan Again, Citing A Poor Crypto Market.

Kraken, a global cryptocurrency exchange, has made the decision to suspend its operations in Japan for a second time. The company cites a strain...

Kraken quits Japan for the second time, blaming a ‘weak crypto market’

Global cryptocurrency exchange Kraken has decided to pull its operations in Japan for the second time, citing a strain on its resources amid a...

Japanese Regulators May Reverse Ban on Foreign Stablecoins: Report

Japan became one of the first big countries to establish a legal framework for stablecoins in June. Six months later, it is taking...

Why USDT Is Plunging While Other Stablecoins Are Not

Stablecoin adoption has grown immensely, observed especially following the collapse of Terra. USDC and USDT have seen sizeable growth, but USDT has a lot...

FTX Apparently Has Three More Months To Cease Business In Japan

Because FTX Japan has not yet delivered assets that were taken into custody to its creditors, the Japanese authorities have decided to extend out...

Brazil legalizes crypto payments & OpenSea launches on BNB Chain – News Roundup

Last week’s crypto and blockchain news saw Brazil legalizing crypto payments, Mitsubishi building a blockchain for drug supply-chain tracking and India’s AIIM hospital being...

FTX Japan to unfreeze withdrawals of client funds

Japanese users of failed crypto exchange FTX might soon be able to withdraw their funds as the Japanese subsidiary said it is...

FTX Japan drafts plan to return client funds

The Japanese subsidiary of the now-defunct FTX crypto exchange has come out with a roadmap to resume withdrawals, after confirming that its customers’ assets...

Binance Re-Enters Japanese Crypto Market With Acquisition of FSA-Regulated Exchange Sakura

Advertisement &nbsp &nbsp The announcement comes amid regulatory concerns by the Japanese financial watchdog against the exchange. Japan has been keen to regulate the...

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