we may not see this happening in another countriessoonest but this is a great developments and that is how it ought to be. Japanese traders and investors are the one that makes bitcoin grow in 2017 and I think they are about to do the samething in 2019.
I guess many countries have already started to study on this self-regulation as most of them are deliberately looking for what kind of regulation they are able to put on this crypto currencies space as this industry looks like beyond any control. I'm expecting a big success from this Japan's initiative so that other countries will be following it. I like this self-regulation as it will be ensuring the basics of decentralization is as far as I have understood.
Remember that Japan economics also grow in 2017 because of cryptocurrencies market and give self regulations is an indication that cryptocurrencies is here to stay!
Yes, that is now the case study for many European countries and they are all working on that. Crypto currencies are going to stay with us for sure but the question is how easily that is going to be. But, when seeing how Japan kind of countries are doing, I guess bitcoin may get into mainstream more smoother than we could imagine.