Topic: Japan to Call for Crypto Rules at the G20 Summit - page 2. (Read 312 times)
Let it be as it is! At bitcoin, the whole point is that he can change the price for a year with 5 or 6 times, and in a position to make you a little richer or poorer, the only thing he does not have is a real fixed price, fixed, who will throw a bit of bitcoin , he will be right in a party
Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
I think this is positive news and i really hope that what the Japanese representatives do in negotiating can generate positive responses or decisions in order to adopt a global rules on crypto to make them more aligned to crypto users.
For me, it is great news for the movement of cryptocurrency forward into mass adoption. Not sure how it will go and it may even go against cyrptocurrency but I'm still hopeful that it will find a lasting place in our economy.
Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
So we have another FUD or is it the really true news for us to think upon it. Japan is already taking great moves the bitcoin and so far many of the commercial businesses has already accepted the bitcoin as mode of payment in Japan itself. If Japan really help this adoption to push to next level then I am sure bitcoin and other crypto currencies will be pumped to ATH which is going to be more than 20K for sure. Because global adoption will bring 5-10X more investors into the crypto world after this bill has passed. I think Japan will become first ever country to push the crypto currency in such great way and it will have most of the acceptance of crypto currencies. Thats a good news I believe.
Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
The probability of this meeting will be the centralization of the crypto currency which will affect the anonymity and the volatility of it. This will be a bad omen for us because government will most probably want to control the flow of cryptocurrencies.
I am sure what is going to happen is just putting in place some regulations for ICOs, exchanges and some other stuffs but not changing the idea of decentralization.
Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
So we have another FUD or is it the really true news for us to think upon it. Japan is already taking great moves the bitcoin and so far many of the commercial businesses has already accepted the bitcoin as mode of payment in Japan itself. If Japan really help this adoption to push to next level then I am sure bitcoin and other crypto currencies will be pumped to ATH which is going to be more than 20K for sure. Because global adoption will bring 5-10X more investors into the crypto world after this bill has passed. I think Japan will become first ever country to push the crypto currency in such great way and it will have most of the acceptance of crypto currencies. Thats a good news I believe.
Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
Honestly, I am really not quite sure if I should be happy about this news or not since the aim of the japanese government is completely against the ideologies of satoshi nakamoto(team). Just think about it, bitcoins in the first place wanted to break the rules and chains that binds us to them and the japanese are pushing for global rules. I think it is something I wouldn't want to happen. But on the profit's side though, it is great since they are really trying to legalize bitcoins which can be good for adoption and traffic. So even when I hate the rules, at least I can still go and take advantage.
Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/
That's another news to make people worried about the bitcoin and its future that too in the world where they are already suffering badly from the big drops. However this summit can either bring good news if they decide to accept the crypto currency conept or at least the way it works. If they decide to regulate it and make it more centralised then also it will be good news because at least people like Gox won't interfere with mass adoption of the bitcoin and the process will be more regulated thus making the bitcoin buys and sells very much controlled.
Either way it's good for publicity. All these noise will help to expand another bull market for whole crypto space in a year and half or so.
True.
Crypto will thrive within the next few years. Nowadays, large countries have introduced more stringent regulations in the Crypto market. This is the platform for the Crypto market, which is the first step in replacing the cash of altcoin in the near future. Let's buy and hold the potential altcoin and wait for a long time. Hope we will succeed.
If this news is true this is good news for the world of cryptocurreny hopefully with the discussions of crypto in G20 Summit make crypto more popular by public and make more and more country that legalize cryptocurrency.
Yeah it's a welcome development that a union of countries are trying to minimize the risk of o rypto currency, but if they will change the true character of bitcoins like being decentralized and anonymous it seems that they changing the real bitcoins into their own currency. [/quote
Their intervention should be always in for the safety of their customer only nothing more than that. Because if they will change bitcoin there are lots of factors to be considered, that is why investors patronize bitcoin because of its characteristics.
We cannot so sure about this news, and we cannot say if something good will happen but of course we want this kind of news to be true. Japan is one of the best place to use cryptocurrency, and this can also have a good impact on cryptomarket, I believe cryptocurrency will play a great role in our currency.
Japan is actually very advanced and their progress in the adoption of the cryptocurrencies is actually fantastical. I also hope like most of us here that the future progress of the cryptocurrencies will be possible and that more regulation regarding security will be implemented.
I'm actually curious about this event which will for sure be revealing for the ones that still ain't acquainted with the cryptocurrencies.
Either way it's good for publicity. All these noise will help to expand another bull market for whole crypto space in a year and half or so.
If this news is true this is good news for the world of cryptocurreny hopefully with the discussions of crypto in G20 Summit make crypto more popular by public and make more and more country that legalize cryptocurrency.
Yeah it's a welcome development that a union of countries are trying to minimize the risk of o rypto currency, but if they will change the true character of bitcoins like being decentralized and anonymous it seems that they changing the real bitcoins into their own currency. Not certain if this is positive or negative news. It could be either. Japan has been content to live under the directives of the united states in the past and mirrored much of US economic policy. At the same time, japan has shown a will to become more independent. They recently built "helicopter destroyers" which are disguised pocket aircraft carriers capable of deploying fixed wing aircraft. This goes somewhat against terms of japan's surrender during World War II which prohibited them from building aircraft carriers. Germany likewise was prohibited from building many types of warships after World War I, which goes to show how ineffective those types of surrender terms can be.
There is a chance japan will echo the sentiments of central bankers with their anti crypto stance.
But there is also a chance japan will announce rules which protect the long term value of bitcoin as part of their recent independent streak. Guidelines which call for a cessation of trading on crypto exchanges if bitcoin's price declines by a certain amount could be implemented. Capital gains taxes or fees which encourage long term HODL rather than short term speculative daytrading could also be standardized to encourage long term value in bitcoin.
No matter how things pan out, we will know the answer soon enough.
There is a chance japan will echo the sentiments of central bankers with their anti crypto stance.
But there is also a chance japan will announce rules which protect the long term value of bitcoin as part of their recent independent streak. Guidelines which call for a cessation of trading on crypto exchanges if bitcoin's price declines by a certain amount could be implemented. Capital gains taxes or fees which encourage long term HODL rather than short term speculative daytrading could also be standardized to encourage long term value in bitcoin.
No matter how things pan out, we will know the answer soon enough.
It's positive news.
Japan is further advanced on crypto experience and crypto regulation than any other country. They are the ones who dealt with the MtGox collapse for example. So this is their big chance to shape international rules, simply because they have more hands on experience in this field than anyone else.
Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.
Seems like a wonder when Japan is the country that is standing up and trying to lay down the rules while getting other countries involved in the mix. This is going to make the air clear about 'regulating cryptocurrencies and countries would come down to a common agreement while pushing for a move towards making breathing room for the crypto market.
If this news is true this is good news for the world of cryptocurreny hopefully with the discussions of crypto in G20 Summit make crypto more popular by public and make more and more country that legalize cryptocurrency.
The digital cryptographic currency industry is booming in Japan, and the digital encryption economy is driving the development of Japan's economy.
They called for tighter regulation to promote better acceptance of digital cryptographic currencies by the international community.
They called for tighter regulation to promote better acceptance of digital cryptographic currencies by the international community.
I have mixed feelings about this move but after reading the article
and noting this line:
According to one of the Japanese officials quoted by Reuters,
“the trick will be to apply regulations to protect consumers and prevent
illicit activity, without stifling innovation in the fast-growing
cryptocurrency and fintech sectors”.
I am a little more positive than I was. We all know by now of Japans
positive relationship with crypto so we would like to think as per the
above extract that they want to see innovation and growth in the
sector.
and noting this line:
According to one of the Japanese officials quoted by Reuters,
“the trick will be to apply regulations to protect consumers and prevent
illicit activity, without stifling innovation in the fast-growing
cryptocurrency and fintech sectors”.
I am a little more positive than I was. We all know by now of Japans
positive relationship with crypto so we would like to think as per the
above extract that they want to see innovation and growth in the
sector.
Japan is the most technologically advanced country, but it is too small to be decisive. But her voice is very important to us. I hope that if the summit does not take a positive decision, Japan will unilaterally legalize the use of cryptocurrencies on its territory by citizens of other countries. This will give us the opportunity to use a Japanese stock exchange.
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