LIVE BROADCAST:
Well. That was not the kind of email I wanted to receive this morning. Kraken, my exchange of choice, will soon be suspending all services for Japan residents.
The reason: "Kraken first launched exchange services for Japan residents in October of 2014. We deeply regret suspending this long-standing relationship and hope to resume services for Japan residents in the future. However, at the present time, it is impractical to continue service for Japan residents. The decision involved careful consideration of revenue against the costs and resources required to maintain service."
TRANSLATION: FSA government regulation is too goddamn expensive.
Giving my take on this unfortunate situation, talking about the drawbacks of government "adoption," and also the opportunities that can be found in this situation.
My live stream is at DLive
~KafkA
Graham Smith is a Voluntaryist activist, creator, and peaceful parent residing in Niigata City, Japan. Graham runs the "Voluntary Japan" online initiative with a presence here on Steem, as well as DTube and Twitter. (Hit me up so I can stop talking about myself in the third person!)