.krakenfx Head of Strategy TheMarginMan discusses how the exchange has navigated crypto winter and what it plans to do next. _franvela reports
Perfumo said Kraken’s Abu Dhabi and Japan offices were small parts of the business. Now the company is looking to “hunker down and focus on the big core parts.” Instead of opening a large number of regional offices, Kraken is limiting the “depth of our services,” he said.
“So in some cases we might not offer access or funding with the local currency,” he said. “However, you might be in a particular region where if you have access to bitcoin you can still deposit that bitcoin to Kraken and use some of our other services where it applies.” The San Francisco-based exchange, founded in 2011, serves millions of users in over 200 countries, according toKraken is looking to expand in Europe and North America, according to Perfumo, who added the firm is looking to provide “as much possible global access” to the exchange’s services where they’re applicable. Currently, the exchange is open to U.S. residents except those in New York and Washington State.
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