Japan’s largest cryptocurrency exchange, and the only exchange approved to operate in the United States, the European Union and Japan, bitFlyer announced today that U.S. customers will finally be able to access the world’s largest Bitcoin/JPY (BTC/JPY ) Market America account.
Historically, Japan has always been one of the most important markets in the cryptocurrency space because of its high adoption rate in the early stages of the industry, comprehensive regulatory framework, and unique pricing dynamics.
As Japan’s largest cryptocurrency exchange, bitFlyer is the leading gateway to the Japanese crypto market. According to a survey conducted by bitFlyer in early March of this year, 35% of people buying cryptocurrency in Japan used bitFlyer. In addition, in the first quarter of 2021, bitFlyer’s BTC/JPY spot market transaction volume exceeded US$30 billion, accounting for 40% of the Japanese Bitcoin ecosystem.
“Encryption is a global market. However, the current global regulatory and banking framework sets barriers between regions, which makes access to markets around the world difficult and ultimately leads to inefficiency. As the first licensed exchange U.S., Japan and Europe, Our goal is to remove these barriers and allow anyone to enter the global market in order to fully unleash the power of cryptocurrency in a regulated manner. In the next few months, we will continue to explore new markets and provide our customers with new and unique trading opportunities that only bitFlyer can provide. “
– BitFlyer team