bitFlyer USA Launches Exchange Services In Hawaii

bitFlyer USA, one of the largest digital asset exchanges, formally announced the launch of its exchange services in Hawaii.

What Happened?

In partnership with the Hawaii Department of Financial Institutions and Hawaii Technology Development Corporation, Japanese-based bitFlyer launched its services in Hawaii.

Now, Hawaii residents will now have the ability to buy and sell cryptocurrencies, such as bitcoin, through bitFlyer’s mobile and professional-grade trading platforms.

“We are happy to partner with the State of Hawaii to bring our world class services here. Now residents in Hawaii have access to a trusted, licensed exchange to support their Bitcoin and cryptocurrency trading,” said Joel Edgerton, COO of bitFlyer USA.

The launch is one of the first to be approved under the Digital Currency Innovation Lab, a regulatory sandbox that allows digital asset service providers the ability to do business in Hawaii without obtaining state licenses for money transmission.

Why It Matters?

Founded in 2017, bitFlyer USA operates in 48 states and territories. It’s expansion to new locations is in line with its vision to democratize access to digital assets.

"Since many Japanese people live in or travel to Hawaii, it is the state that serves as a bridge between Japan and the US,” said Yuzo Kano, CEO and founder at bitFlyer USA.

“Offering our service here is very significant as an exchange that originates in Japan. We are very happy to see Hawaiians using the world's best cryptocurrency exchange."

To learn more about bitFlyer, click here.