The FSA also plans to introduce new restrictions for stablecoins. In August, Japan’s main financial regulator, the Financial Services Agency (FSA), set up a panel of financial experts to develop a stricter regulatory framework for the cryptocurrency industry, which is expected to be announced later this year. In October 2020, Kraken restarted its services in the country, initially allowing Japanese residents to trade five cryptocurrencies (Bitcoin, Ether, Litecoin, XRP and Bitcoin Cash). The exchange later suspended its services in Japan in April 2018, following the Coincheck robbery. Kraken, on the other hand, started trading in Japan in September 2014 to fill the void left by the closing giant. two weeks after hackers stole 530 million in NEM tokens from Tokyo-based cryptocurrency exchange Coincheck, the largest virtual coin heist in history. Gox founded Kraken just a month after visiting Tokyo to help the exchange recover from a hacking incident in 2011.
Kraken, one of the largest crypto exchanges in the world, announced in a blog post on January 12 that Chainlink (LINK), Basic Attention Token (BAT), and OMG (OMG) are now available to Japanese customers. Twitter and Telegram you can follow our channel. Contact us to be informed about the last minute developments. Coincheck exchange is the worlds leading cryptocurrency exchange, uknn.xyz provides Coincheck APP download, Coincheck login website, Coincheck Wallet APP.
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