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| comment | | "parent_author":"",<br>"parent_permlink":"bitcoin",<br>"author":"allcryptonews",<br>"permlink":"japaneseexchangebitflyerapprovedtooperateinillinois-g091jzad24",<br>"title":"Japanese Exchange bitFlyer Approved to Operate in Illinois",<br>"body":"<center>https:\/\/wishtech.science\/allcryptonews\/wp-content\/uploads\/sites\/12\/2018\/03\/bitflyerIllinois.max-800x800.jpg<\/center> <br \/><br><div><p>Japan's largest Bitcoin and blockchain firm,<br> <a href=\"https:\/\/bitflyer.com\/en-us\/\">bitFlyer<\/a>,<br> has now obtained an official license to function within the state of Illinois.<br \/><\/p><p>After <a href=\"https:\/\/bitcoinmagazine.com\/articles\/japanese-bitcoin-exchange-bitflyer-now-licensed-us\/\">receiving<\/a> a \u201c<a href=\"http:\/\/www.dfs.ny.gov\/legal\/regulations\/bitlicense_reg_framework.htm\">BitLicense<\/a>\u201d to function as a digital foreign money alternate in New York in November 2017,<br> the Tokyo-based firm has now obtained approval to function in 44 states and territories. On January 22,<br> 2018,<br> bitFlyer introduced its enlargement into <a href=\"https:\/\/www.businesswire.com\/news\/home\/20180122006686\/en\/bitFlyer-Launches-Europe-World%E2%80%99s-Bitcoin-Exchange-Regulated\">Europe<\/a>,<br> after being \u00a0granted a Payment Institution (PI) license to function within the European Union. This announcement made bitFlyer the primary cryptocurrency alternate to be regulated in Japan,<br> the U.S. and the EU. <\/p><p>\u201cbitFlyer has a culture of compliance and took an aggressive approach in obtaining money transmitter licensure,<br>\u201d Hailey Lennon,<br> bitFlyer's U.S. Director of Compliance,<br> informed Bitcoin Magazine. \u201cWe efficiently launched final November in 42 states and are very excited so as to add Illinois to that listing. Big image,<br> bitFlyer goals to be a worldwide alternate and permit cross-border buying and selling. This means our varied entities\u2019 compliance packages must mirror evolving regulatory necessities each domestically and overseas.\"<\/p><p>Chicago,<br> Illinois,<br> is a hotbed of cryptocurrency exercise and residential of the <a href=\"http:\/\/chicagoblockchain.org\/\">Chicago Blockchain Center<\/a>,<br> based by Matthew Roszak. Furthermore,<br> monetary markets firm CME Group and Chicago Board Options Exchange (Cboe),<br> two firms that began bitcoin <a href=\"https:\/\/bitcoinmagazine.com\/articles\/regulators-greenlight-bitcoin-futures\/\">futures<\/a> buying and selling in December 2017,<br> are positioned there.<\/p><p>bitFlyer was based in 2014 and has raised $36 million in enterprise capital funding. While it helps solely Bitcoin within the U.S. and Europe,<br> it additionally helps Bitcoin,<br> Bitcoin Cash,<br> Ethereum,<br> Ethereum Classic and Monacoin in Japan. In addition to bitFlyer\u2019s work in fintech and blockchain analysis,<br> the corporate is working by itself authentic blockchain,<br> miyabi.<\/p><\/div>\r\n<br><a href=\"http:\/\/cryptscout.com\/news-portal\/?id=20&ref=2170&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal\">Source<\/a>",<br>"json_metadata":" \"community\":\"steempress\",<br>\"app\":\"steempress\/1.0.1\",<br>\"tags\":[\"bitcoin\",<br>\"blockchain\",<br>\"cryptocurrency\",<br>\"cryptonews\",<br>\"news\" " | | comment_options | "author":"allcryptonews",
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