Overseas Expansion: Japan's BitFlyer to Sell Bitcoin in US Market

Japanese bitcoin exchange bitFlyer is heading to the U.S.

The exchange has opened an office in San Francisco, and representatives of the company said bitFlyer has obtained approval to operate in 34 states when it launches. It's not clear when exactly the exchange launch will take place, but bitFlyer said it's committing to sometime in the Fall of 2017.

CEO Yuzo Kano said in a statement:

"While bitFlyer, Inc. is headquartered in Japan, my vision was always to create a global company, and I am excited that the U.S. will be its first step toward global expansion. Bitcoin is a global currency, now our exchange will be global too."