BitcoinWorld

Latest News

In Japan, Kraken introduces LINK, OMG, and BAT

In a blog post published on Jan. 12, Kraken, one of the world’s largest crypto exchanges, stated that Chainlink (LINK), Basic Attention Token (BAT), and OMG (OMG) are now available for its Japanese customers.

Jesse Powell launched Kraken less than a month after visiting Tokyo to assist the then-dominant Mt. Gox exchange in recovering from a 2011 hacking disaster.

Mt. Gox declared bankruptcy in March 2014, a month after being hacked for $460 million.

In September 2014, Kraken began trading in Japan to fill the void left by the fallen titan.

In April 2018, the exchange halted operations in Japan following the $500 million Coincheck heist, which prompted increased regulatory scrutiny.

Kraken reopened its services in Japan in October 2020, originally enabling locals to trade five cryptocurrencies (Bitcoin, Ether, Litecoin, XRP and Bitcoin Cash).

Related Posts – Ex-SEC Chair, Jay Clayton Believes Cryptocurrency Industry Is For Long Haul

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.