Kraken, one of the longest-operating cryptocurrency exchanges in the world, is pulling out of Japan. Kraken attributed the exit to the rising cost of doing business in the country, but said that it might return in the future. The exact dates for suspending trading and funding have not been determined yet, and the San Francisco-based exchange promised to contact its clients residing in Japan when this happens. The Exodus From Japan Japan has been a pioneer in the cryptocurrency industry, having been the first country to recognize Bitcoin as a legal mode of payment. However, the script has been gradually
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