This is great news for sure! One of the biggest companies in Japan has finally started their own crypto adoption, I have no doubt that Japan will have a lot more crypto users over the next weeks.
Unfortunately it seems they did not accept global users? Can't see the platform in english version though. Japan crypto market getting more exciting with this announcement we all know there's not much competitor in japan since mtgox, a new player with big name such as rakuten i have no doubt that the day where cryptocurrency mass adoption there... are something really possible occurred very soon.
I actually don't mind it staying local to Japan, and I'd argue it's the smart move. Japan is the most welcoming country for cryptocurrencies, and no doubt the company would have to deal with way more issues if they tried to reach the global markets.
Of course, they had to list Bcash as well. Roger has definitely done his best to market his shitcoin in the most aggressive possible way in Japan. Too bad for him that nobody really seems to care to actually use it....
I like that BitFlyer finally has some actual competition to focus on with Rakuten entering the space. BitFlyer can be seen as the Japanese version of Coinbase that offers a wide variety of other services than just being a spot exchange.
It's good to see that we right now have so many more fiat onramps than back in 2017 when we hit the $20k mark. Back then exchanges were so clogged up due to the demand that fiat just couldn't enter. This shouldn't happen again.
It's definitely a wake-up call for them, no more monopolies anymore. I'd say that Japan's view with BTC Cash is the same with yours, with a lot of people disregarding it, but there being a small community of shills.
I'm not sure about the fees though, it seems crazy to charge someone 10 dollars for withdrawing, and I'd like to see their reasoning behind it.