Re: Japan reportedly pushes "International network for cryptocurrency payments"

Quote from: vennali on July 18, 2019, 02:01:49 PM

I think thats a good initiative and a promising step towards a much more crypto friendly Europe at least. This was proposed as an alternate to SWIFT payment for international payments and has been approved by the G7.

Link: https://www.engadget.com/2019/07/18/cryptocurrency-bitcoin-swift-japan/

Link: https://cointelegraph.com/news/g7-approves-japans-cryptocurrency-based-swift-alternative

In 2017 Japan has made itself one of the bitcoin friendly country as the numbers of merchants who accepts bitcoin are increasing. It was once planned that one of their airlines will accept bitcoin but I guess it was postponed. The idea of an International network for cryptocurrency payments will make transactions for crypto much faster including bitcoin. Maybe this is the chance for bitcoin to overcome the delayed in their sending transactions.