Crypto Exchange Coinbase Suspends Japanese Operations and Reviews Japanese Operations

Encryption exchange Coinbase suspends Japanese business and is reviewing Japanese business. According to its announcement, the fiat deposit feature will be removed on January 20, 2023 JST. All Coinbase Japan customers have until February 16, 2023 JST to withdraw their fiat and cryptocurrency holdings from Coinbase. According to previous news from Foresight News, Nana Murugesan, Vice President of Business Development and International of Coinbase, said that Coinbase is gradually closing most of its business in Japan, and is adjusting its local investment strategy appropriately, and is still committed to global expansion.