Express

Coinbase to Halt Operations in Japan

Katie Lin

Summary: Cryptocurrency exchange Coinbase said it is halting operations in Japan, according to reports by CoinDesk. Customers have until Feb. 16 to make withdrawals on the exchange, the company said on Wednesday. Many companies have had to shift their business models as they adapt to the ongoing crypto winter, which was worsened by the collapse of ...

Cryptocurrency exchange Coinbase said it is halting operations in Japan, according to reports by CoinDesk.

Customers have until Feb. 16 to make withdrawals on the exchange, the company said on Wednesday.

Many companies have had to shift their business models as they adapt to the ongoing crypto winter, which was worsened by the collapse of FTX in late 2022. Last week, Coinbase said it is cutting around 20% of its workforce as part of its restructuring plan.

Author: Katie Lin

Last Update:

Tags: ,,,
Link: Coinbase to Halt Operations in Japan   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 7 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 8 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 10 days ago
  • You need to login to comment.