Japanese Exchange bitFlyer Approved to Operate in Illinois

Japan’s largest Bitcoin and blockchain company, bitFlyer, has now received an official license to operate in the state of Illinois.

After receiving a “BitLicense” to operate as a virtual currency exchange in New York in November 2017, the Tokyo-based company has now received approval to operate in 44 states and territories. On January 22, 2018, bitFlyer announced its expansion into Europe, after being  granted a Payment Institution (PI) license to operate in the European Union. This announcement made bitFlyer the first cryptocurrency exchange to be regulated in Japan, the U.S. and the EU.

“bitFlyer has a culture of compliance and took an aggressive approach in obtaining money transmitter licensure,” Hailey Lennon, bitFlyer’s U.S. Director of Compliance, told Bitcoin Magazine. “We successfully launched last November in 42 states and are very excited to add Illinois to that list. Big picture, bitFlyer aims to be a global exchange and allow cross-border trading. This means our various entities’ compliance programs need to reflect evolving regulatory requirements both locally and abroad.”

Chicago, Illinois, is a hotbed of cryptocurrency activity and home of the Chicago Blockchain Center, founded by Matthew Roszak. Furthermore, financial markets company CME Group and Chicago Board Options Exchange (Cboe), two companies that started bitcoin futures trading in December 2017, are located there.

bitFlyer was founded in 2014 and has raised $36 million in venture capital funding. While it supports only Bitcoin in the U.S. and Europe, it also supports Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Monacoin in Japan. In addition to bitFlyer’s work in fintech and blockchain research, the company is working on its own original blockchain, miyabi.

Author:

Source link

Related posts

16 Thoughts to “Japanese Exchange bitFlyer Approved to Operate in Illinois”

  1. 醫學美容-活泉-髮根-cosmetic-wiki

    evolu 艾芙洛 【植粹抗老修護】植淬深層修護晚霜 Recovery Overnight Cream的商品介紹 evolu 艾芙洛,植粹抗老修護,植淬深層修護晚霜 Recovery Overnight Cream

  2. 醫學美容-磁穴-二合一-cosmetic-wiki

    Fresh 共用生活中的 Fresh Moments – STYLE-TIPS.COM 未知大家最 Fresh Moment 是做甚麼?您最享受時刻又是甚麼?Fresh…

  3. Football Solutions Turkey win 2013 opener against Liechtenstein - News

    Nigerian striker Kanu has finally signed a new one-year contract at Portsmouth – just before the FA Community Shield match against Manchester United at Wembley. RELATED ARTICLES Previous 1 Next Sahar and Mvuemba guide Pompey to easy win over Hawks FOR ALL THE LASTEST POMPEY NEWS ACROSS THE WEB CLICK HERE Share this article Share Kanu settles for new one-year deal at Fratton Park

  4. Football Solutions Under-17 - Renato Sanches

    MARTIN SAMUEL: Dave Mackay would have hated the obituaries. Not the words, of course. It was the pictures. Specifically, a picture. You all know the one. Dave Mackay hated this picture… he was no bully, he was a giant of the game

  5. futbol.run Murcia move for Michel

    In his first interview for national newspapers since becoming chief executive at Manchester City, Ferran Soriano tells IAN LADYMAN why the time was right to sack Roberto Mancini and what qualities the club are looking for in the incoming manager. My City must be united: Mancini made us winners but now we must stop all the in-fighting, says Blues chief Soriano (…And could Guardiola come to Manchester after ex-Barca boss is done with Bayern?)

  6. futbol.run Regions' Cup - Stephen Murray

    Republic of Ireland boss Martin O’Neill hailed centre-back pairing Ciaran Clark and Shane Duffy after seeing them punish fellow Euro 2016 finalists Switzerland at both ends of the pitch. Martin O’Neill impressed with defensive duo Ciaran Clark and Shane Duffy after victory over Switzerland 

  7. online pharmacy

    … [Trackback]

    […] Read More Info here to that Topic: tradingbtc.com/2018/02/12/japanese-exchange-bitflyer-approved-to-operate-in-illinois/ […]

  8. colorado marijuana dispensaries that ship

    … [Trackback]

    […] Find More Information here on that Topic: tradingbtc.com/2018/02/12/japanese-exchange-bitflyer-approved-to-operate-in-illinois/ […]

  9. betflix

    … [Trackback]

    […] Here you can find 28318 additional Info to that Topic: tradingbtc.com/2018/02/12/japanese-exchange-bitflyer-approved-to-operate-in-illinois/ […]

  10. Buy Guns Online

    … [Trackback]

    […] Read More Info here on that Topic: tradingbtc.com/2018/02/12/japanese-exchange-bitflyer-approved-to-operate-in-illinois/ […]

  11. buy Magic Mushrooms

    … [Trackback]

    […] Find More Info here on that Topic: tradingbtc.com/2018/02/12/japanese-exchange-bitflyer-approved-to-operate-in-illinois/ […]

  12. psilocybin grow kits with spores​

    … [Trackback]

    […] Find More on that Topic: tradingbtc.com/2018/02/12/japanese-exchange-bitflyer-approved-to-operate-in-illinois/ […]

  13. maxbet

    … [Trackback]

    […] Find More on that Topic: tradingbtc.com/2018/02/12/japanese-exchange-bitflyer-approved-to-operate-in-illinois/ […]

  14. wow slot

    … [Trackback]

    […] Information on that Topic: tradingbtc.com/2018/02/12/japanese-exchange-bitflyer-approved-to-operate-in-illinois/ […]

  15. prevent screenshot

    … [Trackback]

    […] Find More on that Topic: tradingbtc.com/2018/02/12/japanese-exchange-bitflyer-approved-to-operate-in-illinois/ […]

  16. basil hayden kentucky straight bourbon whiskey

    … [Trackback]

    […] Find More on to that Topic: tradingbtc.com/2018/02/12/japanese-exchange-bitflyer-approved-to-operate-in-illinois/ […]

Leave a Comment