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Japan's BitFlyer Gives US Clients Access to Bitcoin and Japanese Yen Pair Trading
“The BTC/JPY spot market posted over $30 billion in trading volume, making it one of the world’s largest bitcoin to fiat markets,” says bitFlyer.
Tokyo-headquartered global cryptocurrency firm bitFlyer is giving its U.S. clients access to cross-border trading.
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- 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
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
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