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.
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