Coinjar, an Australian cryptocurrency exchange, is expanding into the US market, unafraid of potential regulatory obstacles.
The exchange hopes to make its platform available to American clients by capitalising on its successes in Australia and the United Kingdom.
The Melbourne-based exchange has been working hard to meet regulatory standards and secure the appropriate licences to operate in the United States.
Coinjar, which was founded in 2013, has made a daring step into the United States, which corresponds with the country’s uncertain legislative landscape around digital assets.
Several SEC enforcement actions have recently targeted cryptocurrency exchanges such as Bittrex, Kraken, Coinbase, and others.
Coinbase recently replied by filing a federal court lawsuit against the SEC.
The Coinjar exchange is confident that its stringent compliance measures will allow it to grow in the US market.
