According to the Bloomberg newspaper, the San Francisco-based company will end its services in Japan due to the high costs of practicing digital currency trading in Japan, saying it may resume work again in the future.
Crachin said she planned to stop service in Japan initially by the end of June 2018, according to a statement sent by email.
The suspension of services to the Japanese population will allow better focus on their resources to improve other geographical areas, the company said in a statement, stressing that the suspension affects only residents in Japan and does not affect the services of Japanese nationals or companies based outside Japan.
Cracow was the world's tenth-largest volume over the last 24 hours, according to the market's market value of 190 million dollars. Which has been allowed to operate in Japan without a license.
Japan has long seen the regulation of the digital currency market within its own territory because of the problems caused by the circulation of those currencies and the spread of fraud.
SOCIALIZE IT →