Sandeep Goenka, cofounder and chief operating officer at Zebpay said:
The increasing awareness of bitcoins worldwide, particularly about its revolutionary technology, has triggered a rally in the bitcoin market...Japan has now added itself to the list of countries that have regulations for bitcoins. Due to these positive factors, bitcoin prices have been showing tremendous strength.
Meaning further rise!
The increasing awareness of bitcoins worldwide, particularly about its revolutionary technology, has triggered a rally in the bitcoin market...Japan has now added itself to the list of countries that have regulations for bitcoins. Due to these positive factors, bitcoin prices have been showing tremendous strength.
Meaning further rise!Yes it is.
Due to increased use of bitcoin by common folk, government is bound to take step by either banning or legalizing bitcoin. Japan was first to move further in this respect and chosen legalizing which is pretty much justified as bitcoin has minimal side-evils and maximum benefits. Now several more countries are ready to take step further which ultimately raise power and value of bitcoin.