One of the largest cryptocurrency exchanges has just announced about their exit from the Japanese market for the time being. Kraken representative stated: “Suspending services for Japan residents will allow us to better focus on our resources to improve in other geographical areas”. This decision was made as a result of increased operational costs, and Japan’s increasing regulation of the cryptocurrency market. In addition, the volume between the BTC/JPY pairs has declined sharply – to just 0.9% of the exchange’s total volume.