Cryptocurrency Q&A
Is Coinbase accepted in Japan?
Is Coinbase accepted in Japan?
EthereumEagle
Fri Jun 07 2024
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7 answers
1700
Could you please elaborate on whether Coinbase is acceptable in Japan? I'm curious about the legality and popularity of this cryptocurrency exchange platform in the country. Is it widely used by Japanese individuals and businesses? Also, are there any specific regulations or limitations that Coinbase users in Japan need to be aware of? I'm interested in understanding the overall crypto landscape in Japan and Coinbase's role within it.
7 answers
Giulia
Sun Jun 09 2024
The crypto exchange has announced its decision to withdraw from the country, citing unfavorable market conditions as the primary reason.
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LucyStone
Sun Jun 09 2024
The exchange has provided its users with a deadline of 16 February to withdraw their assets, ensuring a smooth transition for all involved.
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Davide
Sun Jun 09 2024
This decision follows a similar trend in the crypto industry, with Coinbase following the footsteps of Kraken, another notable crypto exchange.
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BlockchainWizardGuard
Sat Jun 08 2024
Kraken, a respected player in the crypto space, announced its intention to cease operations in Japan on 28 December.
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Chloe_thompson_artist
Sat Jun 08 2024
The move by these exchanges underscores the volatile nature of the cryptocurrency market and the challenges faced by businesses operating in this space.
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