Japanese bitcoin exchange bitFlyer will enter the USA market

Japanese bitcoin exchange bitFlyer has declare plans to open operations in the United States.

Japan’s largest bitcoin exchange by trading volume and one of the largest in the world, has now opened an office in San Francisco ahead of its launch in the country in the fall of 2017.

The exchange revealed it has already acquire approval to operate in 34 states in the country. The exchange will enable customers to buy and sell bitcoin through its wholly-owned subsidiary, bitFlyer USA Inc.

bitFlyer CEO Yuzo Kano stated:

While Bitflyer, Inc. is headquartered in Japan, my vision was always to create a global company, and I am excited that the US will be its first step toward global expansion. Bitcoin is a global currency, now our exchange will be global too.

The Japanese cryptocurrency exchange’s U.S. expansion comes at a time when the country’s complicated regulatory landscape has prompted a couple of exchanges to pull out of their services to bitcoin enthusiasts in some states.

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Written by Brad Chillum

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