Japan Endorses 11 Different Crypto Exchanges.
Have you heard yet china has banned all of crypto from thier land? Well one of Japan’s Financial Services Agency (FSA) announced last Friday that they are endorsing 11 different cryptocurrency exchanges. Japan is clearly on a path to becoming the headquarters for everything Bitcoin, especially since China .. grrr recently crippled their crypto market by banning exchanges, it might even ban mining any coin period.
What does this mean for Japan?
Well Japan now represents one of the most cryptocurrency-friendly countries in Asia, Which is not so surprising considering most of the tech comes out from there and do not forget anime!
Bitflyer CEO Comments on Japan’s Pro-Bitcoin Attitude
Japan has been exploding with demand for both Bitcoin, Ethereum trading as well as virtual currency services. The FSA’s approval for bitFlyer to operate as a Registered Virtual Currency Exchange, and the agency’s openness and forward thinking regulation could not come at a better time for the Blockchain space.
Great move JAPAN! We love you
Japan and Bitcoin’s Future
This great news sets the stage for Japan’s transition into the largest and friendliest Asian player in all of the cryptocurrency market.
This occurred after China lost trading volume as a result of its crackdown on both ICO’s and exchanges. This catapulted Japan's mission as an Asian leader in the cryptocurrency ecosystem.
Some questions remains though.
What do you as a steamin think about Japan endorsing these cryptocurrency exchanges?
Will Japan remain the friendliest Asian Bitcoin market?
I love this post, someday I will actively participate in the bitcoin program, unfortunately my current knowledge and finance are not yet supportive, so I stick with the classic coin, whatever the risk
I'm upvote this post
China steps down and now it's Japan"s time to shine.
They've always had a honorable feel, im sure this opens up a great opportunity for crypto.
The earlier Bitcoin rise was due to rising demand of it in Asia. Japan endorsed it and Asians went crazy. We saw what it did to the crypto market in May & June and August.
I expect a bullish marlet after the weekend. Japan is a calming effect in cryptocurrency. More Japanese buying Bitcoin and altcoins so easily from their own exchanges means a lot to the market.
Zaif exchanges is one of it run by tech bureau...
Tech bureau is going to run ICO..
This would be the first legal ICO in the world legalized by Japan..
This ICO called Comsa.io...
Check out the webpage and whitepaper in https://comsa.io/en/
Join the telegram to chat to the support grp in https://t.me/comsaio
Register yourself to participate in https://tokensale.comsa.io/?ref_id=f7a765585191f1a3b72f412c5cdc4787
Further clarification follow me and contact me on steemit
China won't ban mining..even if they do..mining will continue behind the shadow.. China always end up having too much electricity surplus which gets totally wasted..mining firms use those surplus electricity.. This recent ban was just one of their strategy to control the price.. In China the price of dollar is set by the government, it doesn't work by demand/supply.. They want to do the same with bitcoin.. But due to this big endorsement by Japan, it appears like China's strategy failed.
güzel
This is why I think Japan is my favorite country!
A great post
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cryptos on mainstream soon!
Seoul and singapore stop bitcoin..
Cryptocurrencies are in a world of their own
Japan might become the hot point of Cryptocurrencies is China Bans Mining
A hard pill to swallow
Cryptocurrencies will suffer if China bans crypto mining
BTC/USD
No one can stop the shine of cryptocurrency,this is really a nice move for japan and i hope they
Hopefully for those with coins, this picking up of the slack China left will see prices rise again, not only that but Japan becoming a major player in the Asia market for Bitcoin.
Just got to wait and see how well they incorporate the exchanges and what happens to the overall price of all the coins.
@zeartul
great update and very on point...this all boils down to openness..
Japan is a very transparent country and china is trying to cage their people from having an open system of transactions... Very good post and I know in future china will regret their stand while Jpan has take over the crypto space... thanks for sharing this
I think Japan need something new ...And why ... Look their currency is one BIG bubble. So it is good if they can exchange value for something else.
Good job bro.i resteem it
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