Exchanges
Kraken to shutter operations in Japan by end of January 2023
Kraken said affected users should withdraw their funds before Jan. 31, 2023, and added that deposits will be suspended by Jan. 9, 2023.
Oluwapelumi Adejumo 2 min read Japan News
News on licensing, investor protection, CBDC research, and Japan’s maturing crypto markets.
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Oluwapelumi Adejumo 2 min read 
Bear Market
BTC bear market is worse than in 2014 but better than in 2018
Even though the recent bear market isn't encouraging for Bitcoin, which has fallen by 66% since January, it's still better than the bear market of 2018.
Stablecoins
Japan to lift ban on foreign-issued stablecoins in 2023
Remittances through these stablecoins are limited to 1 million yen ($7500) per transaction.
More Japan Crypto News & Analysis
Crypto
CryptoSlate Wrapped Daily: Bitcoin falls 1.4% after US payroll data, FTX Japan works to offer liquidity
Binance freezes $3 million after the Ankr attacker stole 6 quadrillions of aBNB, data shows over 8% of Bitcoin was purchased between $15,5K and. $17K, and much more in this edition of CryptoSlate Wrapped Daily.
Bankruptcy
FTX Japan to unfreeze withdrawals of client funds
The new FTX trading management team has approved the plan to resume withdrawal services, the Japanese subsidiary announced on Thursday.
Exchanges
Binance re-enters Japan, controls over 75% of exchanges’ monthly trading volume
Binance now controls over 75% of exchnages' monthly trading volume, according to available data.
Analysis
Asia’s Bitcoin supply records new ATH while US, EU reserves shrink
Asia currently holds 7.3% of the total Bitcoin supply as market moves inversely to the West
CBDCs
Japan Credit Bureau to test credit card-based CBDC settlement solutions
Japan Credit Bureau announced it will start the “JCBDC“ pilot project to test contactless credit-card based settlement solutions for general use retail CBDC despite the central banks' cancellation of its CBDC project.
Crime
North Korean Lazarus Group targets Japanese crypto firms
The Lazarus group sent phishing emails to employees of crypto companies and successfully infected their computers with malware.
