Some crypto companies appear unfazed by the bear market and are even expanding, while others face contractions and staff layoffs.
The world’s second-largest crypto exchange by trade volume, FTX, is in expansion mode, while many others feel the pinch as the crypto winter deepens.that it was launching an exchange in Japan to service Japanese crypto traders and investors, supporting fast deposits and withdrawals of the Japanese Yen. FTX Japan K.K. is a licensed Japanese crypto exchange service provider that also has a ‘Type 1 Financial Instruments Business’ license.
“The acquisition not only gives us a technological advantage, but also allows us to work directly with Japanese regulators in a transparent, constructive and positive manner.” “We look forward to further revolutionizing the Japanese digital asset ecosystem through FTX Japan,” SBF said.with Goldman Sachs over derivatives product integration.While FTX is grabbing the bears by the fur and giving them a good shake, Coinbase is doing the opposite. In a blogon June 3, the firm’s Chief People Officer, L.
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