Most New Customers at Japanese Exchange BitFlyer Are in Their 20s
More than 30% of new customers at bitFlyer, a major Japanese crypto exchange, are in their 20s, the exchange said.
BitFlyer replaced its company president and introduced its first non-Japanese director in its latest management reorganization.
A new report from bitFlyer Japan states the exchange is now custodying more than 161.8 billion yen ($1.5 billion) on behalf of its clients, a two-year record for the company.
Exchange executives worldwide say the direct listing could spur adoption and acceptance of crypto.
The cross-border initiative opens Japan's high-volume bitcoin markets to European traders courting the bitcoin/yen trading pair.
A report shared with CoinDesk Japan revealed the number of bitFlyer users exchanging loyalty points for bitcoin hit a record high in August.
ErisX and bitFlyer are among the 12 crypto exchanges piloting Hawaii’s digital currency regulatory sandbox, that will allow selected entities to do business in the state without its stringent money transmitter license for a two-year period.