- Service Termination: Gate.io will cease all operations and services for Japanese residents.
- New Accounts Halted: Starting July 22, new account openings for Japanese users will be suspended.
- Compliance Process: Gate.io is implementing a compliance process to assist users in migrating their assets to cryptocurrency platforms that comply with Japanese regulations.
Gate.io, a leading cryptocurrency exchange, has announced that it will terminate all services for Japanese residents, effective July 22. This decision includes halting the opening of new accounts for users in Japan.
Smooth Transition for Customers: Gate.io is taking steps to ensure a smooth transition for its Japanese customers. This includes launching a program designed to support compliance with Japanese market laws and regulations, helping users migrate their crypto assets to platforms that meet regulatory standards.
By terminating its services in Japan, Gate.io aims to align with local regulations and ensure that its users can continue their cryptocurrency activities on compliant platforms. The exchange is committed to supporting its customers through this transition, providing necessary guidance and resources.
Disclaimer
The information provided on 13Desk is for informational purposes only and should not be considered financial advice. We strongly recommend conducting your own research and consulting with a qualified financial advisor before making any investment decisions. Investing in cryptocurrencies carries risks, and you should only invest what you can afford to lose. 13Desk is not responsible for any financial losses incurred from your investment activities.
