We should welcome them. The more the government debates and tries to regulate, the more the cryptocurrency will be promoted, the more the general public will know about it. When Bitcoin was banned in Nigeria, it was sold at a premium price, but the government could not stop investors.
I read the whole article, With hacks being heard from exchanges every year. Japan has begun to crack down against hacking from exchanges, and revised travel policies to prevent money laundering, which is also crypto-friendly.
I think all the steps taken by Japan are positive, I think they have taken such an initiative to officially adopt the cryptocurrency.
I don't think so. When the governments trie to regulate the crypto, if the number of them increases and if the regulations are becoming strict and strict, at first it will promote crypto because there will be a lot of news written by the media but final result will be the less usage with high control. You can attract attention if you kill someone but this kind of attention will damage your future. On another hand, you can become rockstar (just saying) and gain people's attention and become celebrity. It will make your future bright. There is a huge difference between promotions and I think this kind of ones on bitcoin isn't that good. There are a lot of news written how volatile it is, a lot of futures contracts were liquidated in a very short time and a lot of people lost money. So huge interest and volatility at the same time makes it very risky compound and turns light on new regulations about investments.