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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.
Updated Sep 14, 2021, 1:06 p.m. Published Jun 3, 2021, 7:02 p.m.
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
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