Japans primary financial regulator has formally granted the cryptocurrency industry with a self-regulatory status by allowing an industry body to police domestic exchanges. With the acquisition of the accreditation, they'll continue to make further efforts to create an industry that people can trust from everyone who uses virtual currency with members exchanges. Do you think we'll see this happening in other countries anytime soon?
I think they will not be able to do anything besides being whacked by the whales. We are currently being oppressed and unable to resist. Its capitalization is too big and it can do everything. Japanese should think of ways to prevent manipulation before entering this market.