Japanese cryptocurrency exchange Bitflyer announced that the number of platform users has exceeded 2 million. Only 4 months ago this figure was twice less, and in June of last year users was not more than 600 thousand.
This rapid growth was possible thanks to the adopted in Japan in April last year the law «On payment services», which made the cryptocurrency legal tender.
After that Bitflyer partners were companies such as Samantha Thavasa Japan, which owns 130 stores across the country selling luxury items, and Bic Camera, one of the largest network of electronics stores in Japan. First, the payment limit for bitcoins was installed in 100,000 yen, but later increased it to 300, 000 yen, because cryptocurrency payments had 2-3 more transactions than anticipated.
In General, a favorable atmosphere evolving around cryptocurrencies after their legalization in Japan, contributes to the development of payments in the cryptocurrency.