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War and bear market forces Japanese crypto miners to flee Russia

Japanese crypto miners are set to call time on their Russian operations due to bearish markets and the ongoing conflict in Ukraine.

It’s a strange time for Japan to okay crypto ATMs but it has anyway

Once the crypto ATMs are up and running, Japanese traders will be able to convert and withdraw bitcoin, ether, bitcoin cash, and litecoin.

More than 30 Japanese crypto firms still service Russian users despite laws that attempted to rule out sanction evasion via digital assets.

A senior Bank of Japan official has warned G7 nations that the clock is ticking on a common framework to regulate cryptocurrency.

Sanctions targeting Russia have boosted Japan Prime Minister Kishida’s popularity, but polling shows citizens want tougher action on Putin.