"In a prime example of real-world adoption, Japans Financial Services Agency (FSA) just endorsed 11 cryptocurrency exchanges, giving them official licenses to sell Bitcoin, Ethereum, and other altcoins to Japanese customers." Good lord, FINALLY. After a whole month or two of having nothing but bannings and FUD, we finally have some positive news for once. Kudos to Japan; hopefully we get more positive news from other countries in the future.
Can't say more that they're really tech friendly country among other in this world. Japan deserve to be a country with highest level of tech advance around in this world by the future.
it is funny how when Japanese regulate exchanges, everyone is happy and present it as a good news. but when other countries try to do the same thing it is considered bad news! weird. of course there is a tiny difference that Japan didn't close the exchanges first but the result is the same.
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At least there's still a east asian country that fully supports bitcoin and also have no plans to ban ICO's (unless there will be a big ICO scam in the near future which may make the japanese government rethink of their decisions). Let's see if which east Asian country will be benefited most with the decisions that they made
how would you know.
they may soon ban ICOs if they haven't already. you do realize that ICOs have nothing to do with exchanges, altcoins, bitcoin, trading,...
The acceptance which come from other countries is not a bad news, but, the regulation that bring disadvantages to many bitcoin users from that country is such a bad news.
Have you seen the reaction of people when USA officially recognise bitcoin but as digital property.
The fact that Bitcoin is recognized as an asset rather than a currency in USA brings no disadvantages whatsoever.
In fact it's better because the government doesn't tax it directly (they can't even if they wanted to but still). You're taxed when converting to FIAT though, which isn't the case in other countries but it's good.