30 Oct '14, 11am

Bitcoin Exchange Kraken Launches in Japan

Bitcoin Exchange Kraken Launches in Japan

Bitcoin exchange Kraken will launch in Japan today, aiming itself at the nation's large number of active traders and finance professionals. In its announcement, the company highlighted the strength of Kraken's security and engineering team, as well as its high trade volumes and reputation for compliance. Gaining public trust is a high priority for any bitcoin business planning to establish a Japanese base, given the local media's tendency to highlight the digital currency's association with Mt Gox and Silk Road . The new managing director of Kraken in Japan, Ayako Miyaguchi, told CoinDesk the company's ability to handle larger volumes will be the main drawcard for Japanese users, especially professional traders who may not have experimented with bitcoin yet. "That's what we can do better than the smaller exchanges," she said. Kraken's proven history operating from the US a...

Full article: http://www.coindesk.com/bitcoin-exchange-kraken-launches-...

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