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Cryptocurrencies

Crypto exchange Coinbase to halt Japan operations

Company cites volatile market conditions a year and a half after getting license

Coinbase Global's customers in Japan will have until Feb. 16 to withdraw their fiat and crypto holdings.   © Reuters

(Reuters) -- Coinbase Global is halting its operations in Japan due to volatile market conditions, the cryptocurrency exchange said on Wednesday, days after it announced job cuts amid waning demand for digital assets.

The move comes just weeks after rival exchange Kraken said it was ceasing its business in the country.

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