Japan's BitFlyer Launches Bitcoin Exchange at US Market
Japan's BitFlyer Launches Bitcoin Exchange in US Market
“bitFlyer is pleased to have been granted a BitLicense to work in the state of New York,” said bitFlyer CEO Yuzo Kano. “That is a nod of approval by one of the strongest state financial services labs in the nation.”
Japanese bitcoin market bitFlyer has formally launched in the US after getting approval from regulators such as the New York State Department of Financial Services (NYDFS).
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Announced today, the transfer finishes a private beta which saw the market. After bitFlyer demonstrated its intention to open its doors in the 19,, the release comes. At the moment, the startup said that it had obtained permission to operate in 34 nations.
As part of today’s launch, bitFlyer disclosed that it was awarded a BitLicense from labs from New York. Formalized in 2015, the BitLicense frame was an effort to oversee businesses.
BitFlyer indicated that it would proceed to add support for cryptocurrencies over time, although only bitcoin trading will be initially allowed for by the exchange.
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