Quote from: A.SanchezNo7 on September 12, 2018, 01:55:56 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

Dear friend,
I thought this would be great news and appealing if it is true. The digital money is recognized by the Japanese government will be the premise to it's widely recognized worldwide. Then it will end the historical mission of the current physical currency.

Right. If it feels like bad news for anyone, they're likely more concerned about their anonymitt rather than crypto's future. These kind of regulations are essential if you ask me, to get the majority to have confidence in our market.