Topic: In Japan want to ban trading! (Read 312 times)
Japan are the highest users of cryptocurrencies in the world and there is no way that they will be baning trading. This is just a means to spread FUD I believe. I do understand that Japan are regulating trading and exchanges which is understandable so there is no illegal trading but there is no way that Japan would be baning trading.
Japan is a supporter of bitcoin yet as I have known they did regulate exchanges for anonymous trading as those exchanges are not even registered by there legislators which means it is operating illegally. I think maybe they are now concern that their economy might be affected as per checking on bitcoin or altcoin trades. Such huge transactions for another country is a loss on their part and thus regulation takes place.
On the one hand, it is a stupid decision for the government. Hackers always find methods. On the other hand, Japan always cares about the future of the people, not personal. So their actions can be understood.
I think this is just FUD, as i know japan is very supporting new technology include blockchain. They manage cryptocurrency in very well so will give more benefits to the their people. Japan is country that always welcome with technology that will give many advantages to the many industry like blockchain.
I hope this is not true, Japan is a huge market crypt and its closure will strongly affect the capitalization as a whole ..
Why would they do such thing when they legalized Bitcoin year ago? They are not country that
change opinion every year. I think this news are taken out from some context, creator of this topic
did not share source of this, I don`t have reason to trust him.
Why would exchanges quit crypto-currencies when that is a big source of income for all of them?
Name me at least one good reason for that? Government ban? What is more easier than to transfer
your company to some island?
Japan will be leading crypto-country. They will not quit, they will be the first full-crypto country.
It is very important to be able to distinguish the real news from fake, as the market is now completely covered with fakes,and do not understand what can really be real difficult,as some people pay millions of $ to special to lower the market on fake news, and by purchase at a low price
I hope this is not true, Japan is a huge market crypt and its closure will strongly affect the capitalization as a whole ..
In some ways, they are right, because cybercurrency can be given bribes and money laundering, and nobody will even know about it because they do not need to be declared and this really creates certain problems!
If Japan ban crypto trading, maybe there were forms of another updates and regulations, and there were another business transactions that used as replacement from trading. Because banning of cryptocurrency business trading in japan is something a form of another purpose in order to regulate good balancing system in cryptocurrency business.
Japan is home to the crypto. all about crypto is legal in this country. may indeed several altcoins used for things that are not supposed to be so reasonable if Japan does these actions. they just want transparency in transactions is certainly for the sake of the security of their country as well. Open a move that bad but certainly also little give effect to altcoin.
I noticed that now there are a lot of political and economic events that greatly affect the cryptocommunity. I think that it will always be just as unstable.
I hope this is not true and will not happen until whenever, because I think if japan banned trading, then I am sure the market price will more unstable.
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
The text of your opus does not match the title. If you yourself write that the state is trying to prohibit coins actively used by criminal structures, then why did you decide that this is a struggle with all crypto-currencies? Absolutely true act. The market will become safer if you squeeze out crime from there.
I think you should not post false rumors without such evidence. The Japanese government's ban on cryptos I think is unlikely because there are not any scandals of the cryptos affecting the country. So what you say I believe is not accurate and requires specific evidence.
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
I do not think it will have a big impact, given that big enough investors and also the release of new ICO coming from japan, I think it will not affect the market this time.
but the solution to the problem should be quickly resolved soon and not just say "banned" when there is a problem as above
Hopefully there is a strong link in that news. If this is true, certain altcoins will be applied. If for the safety and security of the people, let it be. It would have been better if the exchanges were regulated like other countries to prevent money laundering. Instead of banning the trade can be solved through regularization.
I think that the Japanese simply will not go for it because the crypto-currencies in Japan really affect the economy. The government will not allow such unrest.
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
This news is amazing. Japanes very good understand principles work cryptoworld. If exchange do not stock exchanges, it will do in the undergraund market. They must understand this too!
I don't think that this is the case. The government wants only the clarity of the cryptocurrency market so that no criminal activities take place via this system.
When the slightest fluctuations in the Asian market begin, people immediately begin to panic, because Asian countries are very important for the cryptoccommunity.
I don’t think Japan government banned crypto currency because it’s don’t affect their economy or security and now a day’s crypto currency is very popular in Japan. So I think this news is totally fake.
I dont know whether this news is true or not but I dont think so that Japan will not do this type of staff because as far as I know that Japan is one of the biggest supporter of crypto world.If the news is true than I am really feeling disappointed and heart-broken beacause it is really a very bad decision for a country like Japan.
If it is case with only few of the crypto currency which you have mentioned then they can easily loose those currencies but not all. I mean they always have the option to suspend the specific altcoins if they think so and thus to save the whole exchanger from getting banned they can take this hard step. No matter what how much profitable it is they will loose those coins and thus they will try to stay live all the time. Also as far as I know Japan will try to find middle way as just because of criminals they wont let their customers suffer.
I highly doubt Japan would impose any kind of ban on the cryptocurrency market due to their love for cryptocurrencies. Japanese exchanges would most likely never ban crypto like Dash, Monero, Zcash etc due to the popularity of these coins and due to their stance on cryptocurrencies. No need to spread unnecessary FUD op especially when the entire market is recovering slowly and steadily over time. Do your research before spreading FUD.
No i didn't think sow , because this will affecr the japensse economic
I don't think so. The Japanese government still has an open-minded attitude. I believe we will discuss a suitable plan in the end, but it will never stop trading.
No. The government only want to have transparency, that's it.
However, it seems we are in the FUD wave again after 1-2 months long calm period.
But you cant get enough transparency with these coins: Monero, Zcash , Dash , Verge and other anonymous cryptocurrencies.However, it seems we are in the FUD wave again after 1-2 months long calm period.
Here are only 2 ways: ban or accept this.
I do not think they will give up the door of such an income is just a decision to bring legal regulations have been taken
This article is a fud. The Japan government just wanted to know about the whole clear procedures of the transactions. Moreover, itis Japan where the crypto currencies have been invented. I don't they will ban crypto for their country.
They are using the currency for their state affairs so they want those coins to be used which are safe for the country they want those coins which can show the identity of the coin and they are not against bitcoin, altcoin and the trade of them. It is also sure that no one can ban on privacy coins as no one know the users of them so no one will stop to use it. Do not worry everything will be okay.
I think it will not be possible for the technology of cryptocurrencies. Now a days, Japan is implementing so many rules to make the transaction in crypto friendly environment. So i think this is just FUD. Hopefully it will be removed soon.
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
Most criminals in Japan uses Yen to finance their activities. What will financial services Agency of Japan (JFSA) do about that? Will they ban YEN?
I highly doubt they are going to ban crypto, crypto there is super popular. The only reason for any ban would be a temporary one just to get their laws in order. Plus if you notice there is huge fud around the banning of anonymous crypto in a lot of countries but there is nothing official from any country. So consider It unfounded fud
FUD!! Stop believing everything u read in the media. No, Japan isn’t banning cryptos.
Another waves of FUD is about to begin. I heard berckshire VC munger shilling bitcoin negatively some hours ago, now come another neg news from Jaoan though not vetified yet. I guess untill there is concrete improvement on top of many other bitcoin development, we may be stuck in zig zag price movement!
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
I think the exchanges will either comply with the law or move their trading outside Japan. The regulators will have a difficult time as it is very easy to trade across borders but national laws are difficult to enforce beyond your territory. Exchanges will continue to operate in Japan, they just won't deal in the banned coins. The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
It seems like that all of centralized governments are afraid of the privacy anonymous coins, XMR, ZEC, DASH... etc..
Other coins, like Bitcoin, ETH,, are still welcomed in Japan.
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
Most criminals in Japan uses Yen to finance their activities. What will financial services Agency of Japan (JFSA) do about that? Will they ban YEN?
No. The government only want to have transparency, that's it.
However, it seems we are in the FUD wave again after 1-2 months long calm period.
It's very similar. Attempts to swing the market down. However, this does not look convincing However, it seems we are in the FUD wave again after 1-2 months long calm period.
Any logic behind it? I mean... Chinese banning cryptos was logical on their side but government is already making money from most of the illegal markets, why hinder their process in the big picture??
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
Surprisingly, this is all. Japan has always supported cryptocurrency and here it makes a completely illogical decision. I think that they do not forbid it. The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
It is possible that Japan is going to ban the sale of monero, DASH. These coins are really very anonymous and they are used by criminals. According to studies, bitcoin for use in illegal activities is used in no more than ten percent of cases. Therefore, bitcoin should not be afraid of prohibition.The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
The ban on trading these altcons will not lead to a fall in the crypto-currency market. If the market drops slightly, it will be only a few days. Therefore, you should not be afraid for crypto currency.
It is very bad for Japan to do this because Japan has always been considered a very good place for the entire crypto-currency world, I now think that Japan is beginning the process of regulating crypto-currencies, but the crypto-currency world is not exactly ready for it today.
Not that I agree with a ban, but if they ban anonymous coins it would still remain a very positive place for bitcoin and crypto. Just not anonymous ones.
Japanese stock exchanges will not give up from crypto. They only want see everything to minimalize illegal transactions. This country has a lot clever people which have big impact in cryptocurrency, so if they would give up crypto, it would have a negative impact on the entire market
Transparency is important issue, even governments regulate the market and put many kyc/aml rules, this is private coin, you can simply do nothing but banning it, am I wrong?
I haven't read about this news enough but i think governments trying to prevent things like money laundering and other illegal activities isn't a bad thing. and I don't believe japanese government would dare to miss this blockchain technology trend.
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
Oh, this is so stupid! what is wrong with cryptocurrency operation? why did they even start to think about that? what are they afraid of? The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
It's only an excuse to ban cryptocoins and control society.
Illegal operations exists even with "real" money.
That's all.
Illegal operations exists even with "real" money.
That's all.
It is very bad for Japan to do this because Japan has always been considered a very good place for the entire crypto-currency world, I now think that Japan is beginning the process of regulating crypto-currencies, but the crypto-currency world is not exactly ready for it today.
So why is it inversely proportional to current market conditions that monero price increases, it's really funny if the Japanese government is afraid of the basics of money laundering and funding for criminals, if afraid it should not remove altcoin but make clear rules so it does not happen , I think this is just some kind of FUD only.
This information on Japan is rather strange, since this country is actually acting in favor of cryptocurrencies. Bitcoin is legal in Japan, as far as I know. This state is just trying to protect people from major hacks and monitor illegal activity. As it is very hard to do so with anonymous cryptos, they are getting banned. I agree this is not the best method, but perhaps they'll rethink this and find a better solution. What's also important, however, is whether the FSA has the right to make such regulations.
I don't think that Japan wants to ban as I have seen in the article they are saying that they just want to have transparent especially in their exchange that is why they want the kyc system to be imposed in their country.
Japan is the most open country for encryption, and they just don't want to affect the market, and these coins may be bad for supervision, so they give up the coins.
FUD,not going to happen because japan has fully legalized bitcoin and cryptocurrencies,do not be fooled folks these fud spreading is just another manipulations from the big players which is why we shouldnt be biting these FUDs because it will only worsen the situation in the market,this might cause another dumpage in the market.
if ur gonna accept crypto then how are you not gonna accept trading ,this does not make sense to me it does not add up ,maybe regulations on em but not outright ban.
No resources? this is surely a FUD i dont find any news about this ban,if they are going to ban exchanges that is bullshit? some alts did i just read that correctly? stop spreading bullshit news because we are in a bear market which is why most of the coins are going to decline as bitcoin's value is declining too i dont see any point of these FUDs.
this is bad, not just anonymous coins that are banned in Japan, but the whole crypto gets influence because of this. whether is this ban that makes the market go down?
https://cointelegraph.com/news/japans-financial-watchdog-sets-out-new-requirements-for-crypto-exchanges
https://cointelegraph.com/news/japans-financial-watchdog-sets-out-new-requirements-for-crypto-exchanges
I think that all the same the goverment wants to make the market more transparent, because in Japan, crypto-currencies are already used in everyday life! In general, the Japanese are very creative and well-developed, and they not will prohibit the cripto!
Wow where did you get this information? If you have some links kindly update your thread as it seems like it is a fake news for me since Japan is the first country to established cryptocurrency and this news as opposing the Japan state of which cryptocurrency is very known be established. Anyway we could not blame also that there are many ICO fails due to the existence of some ICO as well that limit the other ICO to gather funds from the crowd that resulted to fail the project
I do not think that the ban on these altcoys will affect Japan and its economy and security. Well, suppose they forbid, what prevents to switch to other altcoyins? I think this article is just a fud!
No. The government only want to have transparency, that's it.
However, it seems we are in the FUD wave again after 1-2 months long calm period.
However, it seems we are in the FUD wave again after 1-2 months long calm period.
The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
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