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bitFlyer launches cross-border trading with Japan

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As part of the international innovation, Cryptocurrency exchange bitFlyer announced last September the launch of cross-border trading with Japan whereas crypto users in Europe can now access bitcoin markets in Japan using the European-regulated platform.

bitFlyer is a cryptocurrency exchange company based in Tokyo, Japan that handles more than 2.5 million transactions all over the country and is popular for advanced developments aside from crypto-related products. The company was founded in 2014 and has continuously remained one of the fastest growing crypto exchange companies in Japan.

The company mentioned that their main goal is to provide an easy-to-use interface, ease of transaction and convenience of buying, selling and trading coins to customers. Additionally, they aim to spearhead the recognition of Bitcoin in Japan and in the international sector, ‘Alongside JADA, the Japan Authority of Digital Assets, bitFlyer hopes to spread the usage of Bitcoin in Japan and around the world, making the process to buy, sell, and spend Bitcoins streamlined and seamless.’

Furthermore, Yuzu Kano, founder of bitFlyer, mentioned that his company isn’t only the first cryptocurrency exchange to be administered in Japan alongside Europe and US partnership, but it is also the first to conduct cross-border trading transactions. Regardless of its availability in Japan, all transactions of users in BTC/JPY are still under the supervision of European privacy policies.

Meanwhile, when asked about the objective of the platform, Kano stated, ‘bitFlyer’s objective has always been to create a truly global cryptocurrency trading platform that allows users to benefit from the scale, depth and liquidity of one, single marketplace.’

In which he explains, ‘Liquidity is a constant challenge for cryptocurrency markets and is essential to ensure the future growth and sustainability of BTC and the cryptocurrency industry as a whole. Today’s announcement is a huge step forward in that regard.’

With this innovation, transactions all over the world will become easier with no hassle. Additionally, all bitFlyer entities are regulated by local AML and KYC laws, operating with proper control and compliance.

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