The leading japanese provider of trade of crypto-currencies Bitflyer has launched in Europe after obtaining a license to operate in the european Union. The subsidiary of the japanese group currently supports the trading of Bitcoin. However, it plans to add other digital currencies later this year.
Source : Pixabay. Bitflyer launches a company in Europe for the negotiation of crypto-currencies, including Bitcoin.
Bitflyer is expanding its presence in Europe
Bitflyer, has announced the launch of a company exchanges of crypto-currencies in Europe on Monday. The group said that after having obtained a license to operate in the EU, it became the first company in the negotiation of Bitcoin to be regulated in Japan, the United States and Europe. It is now the stock exchange as the most compliant in the world. The european subsidiary of the group, whose headquarters is in Luxembourg, has been launched by Bitflyer Europe SA. The company has obtained a license PI at the Commission de surveillance du secteur financier (CSSF).
Pierre Gramegna, luxembourg Finance minister, said that they are very pleased that one of the startups japanese the most prosperous has chosen Luxembourg to establish their headquarters in Europe.
The integration of other crypto-currencies
For the official launch of this platform, Bitflyer will offer trading fees to 0 % until the end of February. The company will, for the moment, propose that the exchange of Bitcoins. In addition, it plans to support other digital currencies such as Litecoin, Ethereum or Bitcoin to Cash. Bitflyer Europe is planning to deploy their activity through the european Union. Yuzo Kano, CEO and founder of Bitflyer, has said that when he created this company in 2014, he had the ambition to conquer the world market.
Following the announcement of the launch of Bitflyer in the United States :
In Japan, Bitflyer was among the first 11 companies to get a license from the FSA last September. This platform for the exchange of crypto-currency currently has around 1 million users. The company also opened a subsidiary in the United States in November after having obtained licences to operate in 41 States, including New York.
Source : NewsBitcoin