i'm curious to know how they are going to track all the other crapcoin out there especially those with high anonimity, even bitcoin would not be easy
let alone all the clone of monero, they won't be able to tax them properly, ever...
Topic: Japan considers making bitcoin a legal currency - page 5. (Read 3285 times)
Title of the article is rather misleading, for normal bystanders it seems that bitcoin is now illegal or something and it will be legalized soon.
I am wondering what exactly japan bitcoin laws will be and if they will gonna regulate bitcoin with something like BitLicense.
I am wondering what exactly japan bitcoin laws will be and if they will gonna regulate bitcoin with something like BitLicense.
So, if some criminal like Mark Karpeles steals Bitcoins from other people, will he be arrested and held responsible for the crime? I am skeptical about this. Because Karpeles stole $600 million worth of coins and funds. He destroyed the lives of thousands of people. Dozens committed suicide as a result of the Mt Gox robbery. And still, the Japanese authorities have refused to arrest Karpeles. He is still living out his dream in ultra-luxury hotel suites.
Japan is always ahead in Technology , and no wonder Bitcoin is Revolution in Monetary Technology.
Title of the article is rather misleading, for normal bystanders it seems that bitcoin is now illegal or something and it will be legalized soon.
I am wondering what exactly japan bitcoin laws will be and if they will gonna regulate bitcoin with something like BitLicense.
I am wondering what exactly japan bitcoin laws will be and if they will gonna regulate bitcoin with something like BitLicense.
I agree, basic mainstream media approach.
Title of the article is rather misleading, for normal bystanders it seems that bitcoin is now illegal or something and it will be legalized soon.
I am wondering what exactly japan bitcoin laws will be and if they will gonna regulate bitcoin with something like BitLicense.
I am wondering what exactly japan bitcoin laws will be and if they will gonna regulate bitcoin with something like BitLicense.
http://www.theguardian.com/technology/2016/feb/25/japan-to-make-bitcoin-legal-currency
Japan’s governing Liberal Democratic party is planning to propose legal changes that would define bitcoin and other cryptocurrencies as currencies.
The changes would mean bitcoin could be more tightly regulated and taxed, and are likely to lead to more investment in developing cryptocurrency infrastructure in Japan.
Tomonori Kanda, an official in the financial affairs section at the party’s headquarters, said legislative changes were discussed on Wednesday and the LDP aimed to raise the matter in parliament.
“There is a long way to go,” he said. “But we have discussed reform and believe it is the right way to go.” The timing of the change was yet to be decided, he said.
Japan’s governing Liberal Democratic party is planning to propose legal changes that would define bitcoin and other cryptocurrencies as currencies.
The changes would mean bitcoin could be more tightly regulated and taxed, and are likely to lead to more investment in developing cryptocurrency infrastructure in Japan.
Tomonori Kanda, an official in the financial affairs section at the party’s headquarters, said legislative changes were discussed on Wednesday and the LDP aimed to raise the matter in parliament.
“There is a long way to go,” he said. “But we have discussed reform and believe it is the right way to go.” The timing of the change was yet to be decided, he said.
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