International Journal of Advanced Sport Sciences Research

ASSR is an open access journal, aims at rapid publication of concise research papers of a broad interest in Physical education fields. Subject areas include all the current fields of interest represented by the Committees of the Design Scientific Renaissance. ASSR welcomes papers and articles in sport and physical education, fields of ASSR includes but not limited to: sport for all; Exercise physiology; Moths of training and coaching;Sport’s performance and analysis

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Crypto exchange Kraken to stop operations in Japan

by Hai Ohara (2023-02-04)

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Dec 28 (Reuters) - U.S.-based crypto exchange Kraken said on Wednesday it would cease its operations in Japan next month, citing the current market conditions in the country and 대바엑스 a weak crypto market globally.

Kraken will deregister from the Financial Services Agency (JFSA) as of Jan. 31, 대바엑스 by which time clients would have to withdraw their fiat and crypto holdings, it said in a statement.

Kraken said it is fully funded to ensure that all affected clients could withdraw their assets in a timely manner.

Last month, Kraken said it would reduce its workforce by 30%, or about 1,100 employees, as tough market conditions had crippled demand for digital assets.

Bitcoin, 대바엑스 the pre-eminent cryptocurrency, has lost 60% of its value this year, 대바엑스 while the wider crypto market has shrunk by $1.4 trillion, squashed by the collapse of Sam Bankman-Fried's FTX empire, Celsius and supposed 'stablecoins' terraUSD and Luna.

(Reporting by Rhea Binoy in Bengaluru; Editing by Savio D'Souza)