Japan’s BitFlyer Gives US Clients Access to Bitcoin and Japanese Yen Pair Trading

Japan’s BitFlyer Gives US Clients Access to Bitcoin and Japanese Yen Pair Trading

Tokyo-headquartered global cryptocurrency firm BitFlyer is giving its U.S. clients access to cross border trading.

  • In a blog post Thursday, BitFlyer said from today its US-based customers will be able to trade bitcoin and Japanese Yen (BTC/JPY) pair trading.
  • BitFlyer said previously only customers residing in Japan had access to the BTC/JPY market due to regulatory restrictions.
  • The BTC/JPY spot market posted over $30 billion in trading volume, representing 40% of the Japanese market and making it one of the world’s largest bitcoin to fiat markets, according to a survey conducted by the company.
  • BitFlyer is the leading digital assets exchange in Japan, with over 2.5 million users worldwide. The firm is licensed in Japan, the U.S. and the European Union.
  • In April, BitFlyer announced Goldman Sachs alum Kuniyoshi Hayashi as its new president replacing Kimihiro Mine.
  • Source