Japan’s BitFlyer Gives US Clients Access to Bitcoin and Japanese Yen Pair Trading
3 Jun, 2021•1 min read•Bitcoin
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.