Crypto exchange Kraken to shutter its Japan operations immediately after world layoffs

Important Factors

Crypto exchange Kraken mentioned Wednesday that it will prevent operations in Japan future thirty day period, blaming a “weak crypto market globally.”
The firm will deregister from Japan’s Money Expert services Company on Jan. 31, 2023.
Kraken has been in cost-cutting mode currently.
On Nov. 30, the company slashed 1,100 careers, or 30% of its workforce.

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