Published On: Tue, Nov 28th, 2017

bitFlyer, Japan’s Largest Bitcoin Exchange, Launches in the United States

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US-based exchanges are going to have some serious competition in the coming months, as bitFlyer has opened up trading to US customers and has also obtained the ever important NY BitLicense, which allows for a crypto exchange to operate in the state of New York. 
Bitcoin’s Rising Popularity in Japan
Japan has been on the cutting edge of Bitcoin infrastructure ever since the digital currency was recognized as legal tender back in April. Japanese exchanges have been recording record volumes as people in the Asian country are starting to adopt Bitcoin in their daily lives. Businesses have the choice to accept bitcoin, and many are hopping aboard.

bitFlyer, one of the largest Bitcoin exchanges currently operating in Japan, has expanded to begin operations in the US. The once small exchange has posted over $100 billion in trade volume since the beginning of the year, with the company looking to bring in experts in the field to advance their current tech and introduce it to US customers. BitFlyer has also been granted approval for the New York State BitLicense, which allows them to operate in New York as a digital currency exchange. They are one of only four exchanges …

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