Gate.io to cease operations in Japan on July 22

IconCryptoNewsTerminal Staff22 Jul, 2024

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Gate.io to cease operations in Japan on July 22

Gate.io, a cryptocurrency exchange, will cease operations in Japan as of July 22, 2023 (local time). The exchange said, "We offer a program to support users who switch to a crypto-asset exchange service provider compliant with Japanese regulations." Gate.io is also suspending the opening of new accounts for users in the Japan region. The exchange did not provide a reason for the decision to cease operations in Japan.