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While bitcoin traders spend sleepless nights, drenched in sweat whether South Korea will unexpectedly ban the trading of crypto currencies on the country’s exchanges, sending the price of cryptos tumbling (it won’t any time soon as it just prohibited anonymous accounts while making real-name crypto trading mandatory, thereby confirming that no shutdown is imminent), what is really taking place is continued growth to meet rising global demand for crypto trading, and as the FT reports, BitFlyer, the Tokyo-based operator of one of the world’s largest bitcoin exchanges, is expanding in Europe after it was issued a Payment Institution license to operate in the European Union.

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