The DMM Bitcoin cryptocurrency exchange operating in Japan has announced its intention to close. The company attributes the decision to unfavorable market conditions and a review of its strategy. DMM Bitcoin has been one of the key platforms in the country, providing a wide range of services, including trading cryptocurrencies and derivatives.

The closure of the exchange highlights the difficult conditions for cryptocurrency companies to operate in Japan, where strict regulatory regulations and low trading volumes make it difficult to do business. Representatives of the exchange promised to complete all operations and return funds to users in full.