bitFlyer USA is now available to customers residing in Hawaii, giving Hawaii residents the ability to easily buy and sell bitcoin and other cryptocurrencies with USD through bitFlyer’s platform on Web, iOS, and Android.
Additionally, bitFlyer Lightning, the company’s professional-grade trading platform, is available for sophisticated traders and institutional investors.
“Since many Japanese people live in or travel to Hawaii, it is the state that serves as a bridge between japan and the U.S.,” said bitFlyer USA CEO Yuzu Kano. “Offering our service here is very significant as an exchange that originates in Japan. I am very happy to see [Hawaii residents] using the world’s best cryptocurrency exchange.”
bitFlyer is now one of the first exchanges to be part of the newly formed Digital Currency Innovation Lab, a partnership formed between the state of Hawaii Department of Financial Institutions and Hawaii Technology Development Corporation. The pilot program is one of the first regulatory sandboxes of its kind and will allow cryptocurrency service providers to do business in Hawaii without obtaining a state money transmitter license for a period of two years.
“We congratulate bitFlyer on its successful admission into the Digital Currency Innovation Lab,” said Len Higashi, acting executive director of HTDC. “We look forward to its participation to create a more vibrant virtual currency community in Hawaii.”
As the only exchange in the world licensed to operate in the US, Japan, and Europe, bitFlyer has been at the forefront of regulatory partnerships since its founding, and is excited to join the State of Hawaii in promoting innovation. The program will create a secure environment for Hawaiian residents looking to access cryptocurrencies in a safe way, and will also provide regulators with the right tools and insights to develop thoughtful regulations.
“We are happy to partner with the State of Hawaii to bring our world class services here,” said bitFlyer USA COO Joel Edgerton. “Now [Hawaii residents] have access to a trusted, licensed exchange to support their bitcoin and cryptocurrency trading.”
To celebrate, the company is giving $25 to new customers residing in Hawaii when they trade over $100. This offer is available until September 30 (See terms here).