Kraken Bitcoin Exchange Plans Expansion into Japan This Month
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....
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Japanese residents can once again trade BTC, ETH, LTC, XRP, and BCH on Kraken, two years after it pulled out of the country. Major U.S.-based cryptocurrency exchange Kraken has launched funding and crypto trading services in Japan, furthering its expansion into the Asia-Pacific (APAC) region.On Oct. 22, the exchange announced it had launched spot trading of Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH) for Japanese residents. Both crypto-to-crypto and JPY-denominated pairings are available.Customers are able to make deposits in the five crypto assets,....
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....
U.S.-based cryptocurrency exchange Kraken is preparing to expand operations in the European market, according to the German press. The coin trading platform is in talks with regulators and plans to acquire a license in an EU member state, its founder Jesse Powell revealed. Kraken to Enter European Market by End of Year Kraken, a major digital asset exchange in the U.S., plans to reestablish its presence in the European Union this year, according to Handelsblatt. The publication notes the development comes as the crypto industry continues to mature, attracting more investors amid a market....
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....
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....