News

NYDFS grants BitLicense to Japanese Bitcoin exchange bitFlyer

Friday 1 December 2017 11:55 CET | News

bitFlyer, a Japanese cryptocurrency exchange, has received BitLicense from the New York State Department of Financial Services (NYDFS).

The exchange said that receiving BitLicense is a major milestone. As a result the crypto company expands its business to the US, after a private beta in which it worked with 2,000 initial users, according to CoinDesk. bitFlyer first revealed its plans to expand to the US in August 2017 when it said that it has received the approval to operate in 34 states.

The NYDFS has approved bitFlyer USA to offer an online digital currency exchange and trading platform as well as provide custodial wallet services for the Bitcoin digital currency.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: bitFlyer, Bitcoin, blockchain, Bitcoin Exchange, Japan, Asia, money transfers, cryptocurrency, US
Categories: DeFi & Crypto & Web3
Companies:
Countries: World
This article is part of category

DeFi & Crypto & Web3






Industry Events