Bitcoin exchange Kraken will start operating in Japan by the end of October, becoming the latest crypto-currency service to launch here since the collapse of Mt. Gox, once one of the world’s busiest crypto-currency market places.

Kraken's chief executive said the company would provide a more secure service than the Tokyo-based Mt. Gox, adding that users would have the option to deposit cash in a local bank account for yen-denominated trading.

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