Post
Topic
Board Altcoin Discussion
Re: In Japan want to ban trading!
by
Febo
on 08/05/2018, 00:30:25 UTC
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?

Most criminals in Japan uses Yen to finance their activities.  What will financial services Agency of Japan (JFSA) do about that? Will they ban YEN?