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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Kraken, a reputable Bitcoin exchange launched trading in Japan at the end of October. With the collapse of Mt. Gox, setting up a reputable and publicly trusted exchange in Japan is no easy task. Kraken has a great record of high transaction volumes as well as reputation for compliance with the law. Even though Kraken boasts credentials, months of work went into launching a regulated and publicly accepted Bitcoin exchange in Japan. Kraken is the only Japan Bitcoin exchange that allows local funding options. I got a chance to interviewKraken CEO Jesse Powell about the Japanese launch and....
Kraken has quickly become an experimental crypto-currency trading engine with Lorem Ipsum text on its homepage to a major hub for bitcoin and altcoin trading in a little over a year. And they're just about ready to continue their massive growth. A Monday morning report from The Wall Street Journal indicates that Kraken is planning an expansion into Japan by the end of this month in a move that hopes to provide Japanese investors with a secure, trusted, and stable trading platform. According to Kraken chief executive officer Jesse Powell, there's an "overdue need for an exchange" in the....
Bitcoin exchange Kraken will launch in Japan today, aiming itself at the nation's large number of active traders and finance professionals. In its announcement, the company highlighted the strength of Kraken's security and engineering team, as well as its high trade volumes and reputation for compliance. Gaining public trust is a high priority for any bitcoin business planning to establish a Japanese base, given the local media's tendency to highlight the digital currency's association with Mt Gox and Silk Road. The new managing director of Kraken in Japan, Ayako Miyaguchi, told CoinDesk....
Newly-established and popular bitcoin/cryptocurrency exchange Kraken is slated to begin operating in Japan next month, according to founder Jesse Powell, who recently spoke to Bloomberg Businessweek. The announcement comes months following the fiery collapse of Tokyo-based Mt. Gox - an exchange run by French-born Mark Karpeles. In that collapse, upwards of 500,000 bitcoins were lost under uncertain circumstances. In May, Powell was said to have gone to the Land of the Rising Sun for discussions with local legislators in an attempt to plant his company's feet in the country and open up the....
Wednesday Mt. Gox’s operator announced its intention to sell its rights over its bitcoin trademarks. Meanwhile, CoinLab’s string of complaints against plan to revive Mt. Gox were shot down by a Dallas bankruptcy court judge Tuesday. Holding company Tibanne is looking to sell the rights to its bitcoin trademarks in Japan and the EU, where the trademarks were originally approved, for $1 million. The sale would include the word “bitcoin” and the domain bitcoins.com. Company executive Mark Karpeles told The Wall Street Journal that the company no longer has any use for them, presumably....