Share this article

Japan's BitFlyer Launches Bitcoin Exchange in US Market

Japanese bitcoin exchange bitFlyer has officially launched in the US.

Updated Sep 13, 2021, 7:12 a.m. Published Nov 28, 2017, 4:50 p.m.
shutterstock_526401823 (1)

Japanese bitcoin exchange bitFlyer has officially launched in the US after receiving approval from regulators like the New York State Department of Financial Services (NYDFS).

Announced today, the move concludes a private beta that saw the exchange working with 2,000 initial users. The official launch also comes months after bitFlyer first revealed its intention to open its doors in the US. At the time, the startup said it had obtained permission to operate in 34 states.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

As part of today's launch, bitFlyer revealed that it had been granted a BitLicense from regulators in New York. Formalized in 2015, the BitLicense framework was an early effort to oversee companies working with cryptocurrencies in the US.

"BitFlyer is proud to have been granted a BitLicense to do business in the state of New York," CEO Yuzo Kano said in a statement. "This is a nod of approval from one of the most influential state financial services regulators in the nation."

Though the exchange will initially allow for only bitcoin trading, bitFlyer indicated that it would move to add support for additional cryptocurrencies over time.

Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in bitFlyer.

Trading data image via Shutterstock

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research

(Unsplash)

K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.

What to know:

  • K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
  • The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
  • With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.