Good news or bad news... - page 16. | Bitcointalksearch.org

juragane

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CAT.EX Exchange

Quote from: BITCOIN_GOD on April 05, 2018, 04:46:19 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

it seems that this is good news because many will use bitcoin as its payment tool the more expensive bitcoin price in the market, hopefully this news can trigger the increase of bitcoin price and not fake news.

nakkanak

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I think that's good news, if the government pay attention to the development of crypto in japan it means the government has to acknowledge the existence of crypto currency, and that will make Japanese citizens more trust and careful to invest and it will give positive impact for crypto

gharjas2517

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Japan has been open to bitcoin, the news is no doubt a good news, it is to regulate the development of the encryption market in Japan, and it is believed that the trading volume of the Japanese exchange will quickly increase.

bitcoinmaniac52

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Presale is live!

It is good news, the sooner the governments find way to regulate the sending and usage of cryptocurrency then the sooner people will begin having faith in the market and buying into it, a lot of people right now who are interested in investing in the market are not doing so because its unregualted and they fear that they will lose all of their money without rules.

88jewel

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The government putting rules or policies in digital currencies is a welcome development because it means they are already accepting the potential of digital currencies. It’s more of a good news that a bad news. Limitations exist when there is uncertainty and once this uncertainty or uncertainties are addressed liberalism will surely occur.

WUUEX79

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Xch4nge.com

Quote from: BITCOIN_GOD on April 05, 2018, 04:46:19 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

Quote

PORTLAND, OREGON – In the quest for a faster and more traceable way to transfer money internationally, banks were gravitating a few years ago to Ripple, a platform backed by Silicon Valley luminaries and global financial institutions.

Now it’s gotten complicated. New options are surfacing that, like Ripple, use the hot technology called blockchain to send and record transactions across borders. For banks, the challenge is to agree on a standard quickly to fend off rivals like TransferWise Inc. and Cambridge Global Payments, which are grabbing a share of the $30 trillion a year in international transactions between businesses.

I love to hear it, news like this is very positive news and can arouse the users of cryptocurrency in buying and selling transactions both for foreign investors and domestic investors. But unfortunately, Ripple has done it first.
You can see it at japantimes.co.jp

jeraldskie11

sr. member

Activity: 1316

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I don't really want to know a bad news regarding in bitcoin because it cannot help to us and your interest of it will be vanish. So i hope everytime has a good news about what happening here in the world of crypto because in that way many people will be happy, believe and trust more about it. I know that in this world there has a good and bad news but if would be better i you trust always although you can get a sad news.

maculeth

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BountyMarketCap

there is nice and good. the good thing is, the japanese government is really paying attention to crypto, and the bad news is with that limit, surely the fee for each transaction will be more expensive.

senopratama

sr. member

Activity: 630

Merit: 250

on the one hand if for the economy certainly is very good news because their economy is becoming secure. But if for other countries it would be a bit of a limit of the policy.

josephob12

newbie

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This is a good news. It seems Japan is friendly country with crypto. Japanese goverment made rules about crypto. That will be better for future economic. I think so.

Tynovten_

full member

Activity: 420

Merit: 101

Of course this is a very good news, like how we all know, so far japan is always being a country that support the development of crypto. And always giving innovation to always keep stabilization of crypto. These news' always giving positive things to bitcoin price.

MakeMoneyBtc

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Seems like they are good news but I dont know how much they are going to help a lot. What the ministry of finance from Japan wants to do is to stop money laundering by verifying every transaction bigger than 30 million yen but if someone would really launder money or transfer illegal money do you think they are going to do it with big transactions that seem suspicious? Of course not, they are going to do it carefully with multiple transfers from multiple sources from different locations so that nothing will look suspicious when governments are going to check it.

aceptamosbitcoin2

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Quote from: aceptamosbitcoin on April 05, 2018, 05:16:22 AM

Quote from: BITCOIN_GOD on April 05, 2018, 04:46:19 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

I find it for bad news. Japan took a 180 course on cryupto's.
Once Japan was the most crypto friendly county. First they kicked out Binance and now this?! I don't like it.

ATTENTION

the user aceptamosbitcoin
is using my account without permission, is a troll

ignoring their lies and links are a scam

I spent a few weeks without entering the forum, and when this user came in I stole the account. I am with messages to the owners of the forum but I have no way to have an answer.

deliver my now liar account

jakagintiri

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www.coinxes.io

Quote from: BITCOIN_GOD on April 05, 2018, 04:46:19 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

Surely this is good news for cryptocurrency, there is the japanese certainty that japan is one that strongly supports cryptocurrency especially for bitcoin, very positive for the future if this is real news is not just a hoax.

tonylewisverdu

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good day.. found your post interesting. can you post here the link so i can read it.. thank you

pusa aso

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Quote from: BITCOIN_GOD on April 05, 2018, 04:46:19 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

according to our friends,the good news is bitcoin now is having a higher price and i do believe that this will not go down and we are hoping for the best of everything,and there is no more bad news for now.

angelcoins20

newbie

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Quote from: stompix on April 05, 2018, 07:35:10 AM

You should really link tot the article not just saying who the source is.

But how are they going to enforce this?
If you send BTC to a foreign exchange that requires AML and KYC it's pretty simple to track down but if they just transfer to somebody else it's nearly impossible.

Also, this limit which is something like 200k euros, is per transfer? Per year?

Too many questions and too little information

Plus the fact the news at OP is a bit confusing, I don't know if its really pertaining to cryptocurrency.

Moreover, this type of news aren't bad at all, it will just add a layer of protection for the investors to lessen frauds, scams and laundering.

stompix

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Blackjack.fun

Quote from: BITCOIN_GOD on April 05, 2018, 04:46:19 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

You should really link tot the article not just saying who the source is.

But how are they going to enforce this?
If you send BTC to a foreign exchange that requires AML and KYC it's pretty simple to track down but if they just transfer to somebody else it's nearly impossible.

Also, this limit which is something like 200k euros, is per transfer? Per year?

Too many questions and too little information

BillCoin

sr. member

Activity: 476

Merit: 259

It's like the worst timing to do something like that as the USA is also doing negative regulations on bitcoin and it's what drives the price down.

I think that unless those steps against bitcoin won't stop the negative trend of bitcoin is going to keep going.
Japan is still bitcoin friendly even if those regulation steps will actually happen , It's going to be interesting to know how their bitcoin payment system is going to keep on track with those decisions.

kokobaba880

full member

Activity: 434

Merit: 101

Japan is bitcoin friendly country and if they have made some regulations for this crypto then it is very good for the bitcoin and other crypto to be used for international transactions and for me the bitcoin is important and i would like to hold my present bitcoin for the future so in the future may i utilize my bitcoin for imports of some businesses products.

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