[2020-01-20] Will Binance create the Japanese exchange?

hv_

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Quote from: joniboini on January 21, 2020, 02:14:42 AM

Quote from: gentlemand on January 20, 2020, 01:03:16 PM

Maybe it's hotter on shitcoins but I would've expected somewhere that heavily tamed to be taken more seriously than it is.

It's not as hot as it sounds. South Korea is way hotter than Japan in terms of 'shitcoins' frenzy.

I doubt they will create it anytime soon with the legal issues and other complexities. Southeast Asia market like Vietnam or Thailand is probably easier to target.

Rules for running exchanges are strict

They run and will lose that game - Liberty Reserve checkin

Too much shit at a central pile
https://bitcointalksearch.org/topic/2020-01-16-chainalysis-traced-28-billion-crime-bitcoin-sent-to-binance-huobi-5217993

joniboini

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Quote from: gentlemand on January 20, 2020, 01:03:16 PM

Maybe it's hotter on shitcoins but I would've expected somewhere that heavily tamed to be taken more seriously than it is.

It's not as hot as it sounds. South Korea is way hotter than Japan in terms of 'shitcoins' frenzy.

I doubt they will create it anytime soon with the legal issues and other complexities. Southeast Asia market like Vietnam or Thailand is probably easier to target.

gentlemand

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If they're willing to do it in America then a return to Japan isn't inconceivable either.

Quote from: NeuroticFish on January 20, 2020, 05:45:53 AM

It should worth it though, Japan is a powerful market.

And yet I have hardly ever seen any Bitcoin trader make any mention of the Japanese market or JPY/BTC.

Maybe it's hotter on shitcoins but I would've expected somewhere that heavily tamed to be taken more seriously than it is.

carlfebz2

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Quote from: Blocktoq on January 20, 2020, 04:04:40 AM

Similar to binance.us Binance wants to create a special Japanese version website. What changes wait on the people of Japan, you'll find out read full article:
https://blocktoq.com/crypto-news/will-binance-create-the-japanese-exchange/

Oh! So they're now trying once again to extend or expand their market.Same as said above they would need to be compliant or else they wont be successful to their plan.

NeuroticFish

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They will have to get compliant. Japan is not Malta. And most probably they'll have to drop privacy-oriented coins (unfortunately).
Maybe there will be other problems too they have to adapt to. We'll see. It should worth it though, Japan is a powerful market.

hv_

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Quote from: Blocktoq on January 20, 2020, 04:04:40 AM

Similar to binance.us Binance wants to create a special Japanese version website. What changes wait on the people of Japan, you'll find out read full article:
https://blocktoq.com/crypto-news/will-binance-create-the-japanese-exchange/

- try to be fully compliant, or run and die

Blocktoq

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Similar to binance.us Binance wants to create a special Japanese version website. What changes wait on the people of Japan, you'll find out read full article:
https://blocktoq.com/crypto-news/will-binance-create-the-japanese-exchange/

Topic: [2020-01-20] Will Binance create the Japanese exchange? (Read 131 times)