{"id":72077,"date":"2022-12-28T19:56:07","date_gmt":"2022-12-28T17:56:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72077"},"modified":"2025-09-08T12:45:04","modified_gmt":"2025-09-08T09:45:04","slug":"kraken-to-exit-japanese-market-in-early-2023","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kraken-to-exit-japanese-market-in-early-2023\/","title":{"rendered":"Kraken to exit Japanese market in early 2023"},"content":{"rendered":"<p>The cryptocurrency exchange Kraken <a href=\"https:\/\/blog.kraken.com\/post\/16923\/%E6%97%A5%E6%9C%AC%E3%81%AB%E3%81%8A%E3%81%91%E3%82%8B%E6%9A%97%E5%8F%B7%E8%B3%87%E7%94%A3%E4%BA%A4%E6%8F%9B%E6%A5%AD%E3%81%AE%E5%BB%83%E6%AD%A2%E3%81%AE%E3%81%8A%E7%9F%A5%E3%82%89%E3%81%9B\/\">announced<\/a> that it would suspend its operations in Japan from 31 January 2023 and deregister with the <span data-descr=\"Financial Services Agency\" class=\"old_tooltip\">FSA<\/span>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We sincerely apologise. After reviewing the crypto-asset market, we determined that it would be unjustified to devote resources to further developing the business in Japan,&#8221; the platform said.<\/p>\n<\/blockquote>\n<p>Kraken clarified that the decision would not affect its other business. The exchange is fully funded and has ample liquidity.<\/p>\n<p>Japanese clients were offered to withdraw cryptocurrency to external wallets or liquidate their portfolios to transfer fiat to bank accounts.<\/p>\n<p>Earlier in November, Kraken <a href=\"https:\/\/u1f987.com\/en\/news\/kraken-cuts-around-30-of-staff\">laid off about 1,100 employees<\/a> or around 30% of its staff, in order to &#8220;adapt to prevailing market conditions&#8221;.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Kraken announced it would suspend its operations in Japan from 31 January 2023 and deregister with the FSA.<\/p>\n","protected":false},"author":1,"featured_media":72078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[135,193],"class_list":["post-72077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-japan","tag-kraken"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=72077"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72077\/revisions"}],"predecessor-version":[{"id":72079,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72077\/revisions\/72079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/72078"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=72077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=72077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=72077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}