Japanese BitFlyer opens exchange in the USA !

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BitFlyer has announced its expansion in the USA by opening an exchange and has been granted an official Bitlicense for operation in New York.

The official launch follows a closed session, where a few thousand selected traders bought and sold BitCoin trough the platform. Since BitFlyer is the biggest BTC exhange in Japan by tranding volume, they had started in the USA by establishing an office in San Fransisco, furthermore, BitFlyer has already obtained a license in order to operate in 34 states.

BitFlyer obtained this as only the fourth company todo so under the BitLicense (NYDFS 2014) and the first overseas company, the other companies are Ripple, Coinbase and Circle.

“bitFlyer is proud to have been granted a BitLicense to do business in the state of New York,” said bitFlyer CEO Yuzo Kano “This is a nod of approval from one of the most influential state financial services regulators in the nation.”

The BitFlyer marketplace and platforn is designed for professional traders who routinely trade 100k$+ in cryptocurrencies each month.

BitFlyer comfirmed plans to include support for Ether, LiteCoin, Ether Classic, BCC and other in early 2018.

Among the world’s largest bitcoin exchanges, bitFlyer has seen institutional backing from none other than Japan’s three ‘megabanks’ who are all investors in the BTC Exchange.

I never traded here nor do I have an account or affiliation with them, its news and can be interesting, that is why I am sharing this with you guys.

More info: https://bitflyer.jp/en/ and on major newssites as coindesk and cryptocoinsnews !