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 U.S.-based customers will be able to trade bitcoin and Japanese yen (BTC/JPY) pairs.
  • 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. 

Read more: Japan’s BitFlyer Has a New President – Again

Read more about...

JapanbitFlyerCoinFlashYen
Disclosure
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.