Menu
  • Home
  • Categories
    • Travel
    • Business
    • Technology
    • Online Marketing
    • Health
  • Sitemap
  • Policy
  • Talk back
Index | Boboton
Bitcoin

Japan’s Bitcoin Scene: Growing Trade with Innovation

Posted on April 5, 2019April 16, 2019

However, Japan turned out to be the main player who changed prices. Earlier this year, Japan recognized bitcoin as a legal form of payment. Result? Currently, Japan accounts for about half of world trade, compared with about a quarter in the United States.

The Financial Services Agency of Japan (FSA) also announced that it supports 11 different types of crypto currency exchanges. This made Japan one of the most friendly cryptocurrency countries in Asia.

This change in success in Asia from China to Japan is also considered the result of the practice of margin and margin trading in Japan.

In the period from 2013 to 16, while the Chinese government and its central banks did not impose strict rules on trading with zero tariff and margin, the dragon was still in charge.

Although the ban on zero-tariff trade in China helped Japan, some suggested that the increase was only overestimated. However, in an interview with Bitcoin.com, CFO BitFlyer, Midori.

Bitcoin

A blow to innovation

Although the Japanese government intends to distinguish between “safe (approved)” and “unsafe (unapproved)” areas for consumers through this registration process, this may explain the lack of innovation.

In another aspect of regulation, it is stated that only “approved virtual coins” can be sold, bought or advertised. This will severely restrict the market for legitimate companies who want to experiment with altcoin or blockchain technology. Companies will also find it difficult to make initial offers of coins in Japan.

Conclusion

Thus, on the one hand, Japan will continue to expand, as more and more stores are starting to accept bitcoins, which at the moment are considered mainly as investments, but this can also make Japan once again the driving force behind Bitcoin innovation.

Recent Posts

  • Hard floor cleaning services in Kanas City, KS- the service your want
  • Get help of handyman service to keep your home healthy
  • Safe and Reliable Electricity for Business Needs
  • What Is The Green Mark Certification?
  • Cannabis cultivation at home

Categories

  • Auto
  • Automobile
  • Beauty
  • Betting
  • Block Chain
  • Business
  • Career
  • Coin
  • Currency
  • Currency Exchange
  • Ecoin
  • Educarion
  • Education
  • Entertainment
  • Ethereum
  • Fashion
  • Finance
  • Food
  • Games
  • General
  • Health
  • home
  • Home Improvement
  • Law
  • Online Marketing
  • Parenting
  • Pet
  • Photographhy
  • Real Estate
  • SEO
  • Shopping
  • Social Media
  • Software
  • Sports
  • Technology
  • Travel
  • Web Design

Wow! Let’s Go..


Year 2017 :

May 2022
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Apr    
©2022 Index | Boboton