Kraken Aims to Take Mt. Gox’s place in Japan

Kraken Aims to Take Mt. Gox’s place in Japan

New bitcoin exchange Kraken has finally launched in Japan. Kraken aims to replaces the notorious Mt.Gox as the leader in bitcoin financial exchange industry, doing so in the very place Mt. Gox was based in. During the team’s recent announcement, security and complete trade compliance were mentioned several times. Kraken has had exceptional history in the past operating within the United States and European markets. With full compliance from Financial Services Authority. A spokesperson said this gave them the confidence to launch in Japan. Understandably Japanese bitcoin traders should be....


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Quotes

Long term, if Bitcoin gains widespread adoption, I'd expect the Bitcoin price to correlate to how useful people think sending payments, property and contracts anywhere in the world instantly and reliably is. Personally I think this could be more useful than wearing jewelry, but maybe that's just me.

Chris Dixon, Entrepreneur and investor, co-founder and former CEO of Hunch