02.05.2023
Coinjar targets U.S. cryptocurrency market
02.05.2023
Glory Faleke
Contributor

Australian cryptocurrency exchange Coinjar intends to open a branch in the United States.

Despite the fact that many cryptocurrency marketers are leaving the United States due to a weak and unclear regulatory framework, Coinjar CEO and co-founder Asher Tan said he sees huge opportunities for the company to grow.

According to the website Crypto News, Tan said Coinjar's focus on regulatory compliance will be a major factor in the exchange's success in the United States.

"Licensing is done at a state level in the US, so we will be gradually adding states until we can get close to full coverage of states," the Coinjar CEO said.

We previously reported that Coinbase was preparing to leave the U.S. market.

Cryptocurrency exchange Coinjar was founded in 2013 and offers clients low fees, a wide range of assets, and a simple and convenient TradingView platform. However, the exchange does not provide investment solutions or other income opportunities.