Quote from: Best Dreams on June 07, 2018, 06:48:34 PM

Quote from: Smack 1 on June 06, 2018, 02:51:33 PM

Quote from: BITCOIN_GOD on April 05, 2018, 09:46:19 AM

Japanese Ministry of Finance is going to prepare rules for cross-border transfers of digital money

The Ministry of Finance of Japan is going to prepare in the near future rules for the foreign transfer of digital money.

According to the report of the newspaper Nihon Keizai on April 5, the Ministry of Finance plans to introduce rules under which notice to the authorities should be strictly mandatory if the cost of transferring money for a foreign transfer is more than 30 million yen.

It is said that the decision of the Ministry of Finance will facilitate the consideration of the real situation with operations abroad and is designed to curb money laundering operations.
Source: Alpari

I think this is good news, with the increasingly stringent rules that will prevent abuse and illegal transactions which many harm many parties. and I think japan fully supports the development of cryptocurrency to grow and grow rapidly.

This is really nice and good news a lot of new countries are now accepting bitcoin, Japan has legally announced it that at their place bitcoin will be financially high and price will be higher than before, same as Japan Philippines and Vietnamese have said bitcoin to be legal, so no worries bitcoin will become legal currency in my state as well, we are going to hear a lot of good news related to bitcoin in future for sure.

Recognition of the bitcoin and other crypto currencies in different countries is no doubt a very positive news and that this will no doubt help the crypto currencies to make much better name in the market and that along with it, this will also help the investors to trust the crypto currencies in a better way and then they will go for making even greater investments. The future is no doubt very colorful.