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Topic: Korea China japan - page 2. (Read 228 times)

sr. member
Activity: 728
Merit: 250
Go Big or Go Home
January 09, 2018, 11:38:50 AM
#12
That's why Wanchain is coming, joint venture of three countries
member
Activity: 238
Merit: 10
January 09, 2018, 11:34:45 AM
#11
In my opinion, Japan legalize bitcoin because Japan is not a corrupt country, any country that hates bitcoin or cryptocurrency are those corrupt country because the transaction on bitcoin can be trace.
hero member
Activity: 742
Merit: 500
The revolutionary trading ecosystem
January 09, 2018, 11:32:32 AM
#10
I think people will always find away around all these regulations, to me I like the way they are trying to protect their citizens because alot of scams are in the space now, and that will also keep scammers on their toes
member
Activity: 238
Merit: 10
January 09, 2018, 11:20:57 AM
#9
Don't think so. I believe these countries will become the few crypto friendly nations in the world. However, I wouldn't be surprised if they adopt their own cryptocurrency instead of using Bitcoin and such. Japan will likely go with NEM, Korea with ICON, and China with NEO. Just my two cents.
member
Activity: 182
Merit: 10
January 09, 2018, 04:09:23 AM
#8
What does item mean for Cryptocurrency that China Korea and Japan are swapping ideas for Cryptocurrency regulation?
Is there danger for exchanges based in these countrys?
People in those countries are very interested in bitcoin, most of bitcoin holder are Chinese, korean and Japanese. Chinese people use bitcoin to move their wealth to outside country, Japanese and korean buy bitcoin to safe their wealth due to the grow of war in north korea.
I think China already banned crypto exchanges but some other countries are trying to help in regulating them because mosy of the crypto traders are from those countries but Japan already made bitcoin legal in their country.
If some country banned crypto currencies they will shut down all the exchanges from that country because buying and selling of crypto will be called as crime.But it is better to regulate the usage of bitcoins than totally banning it.
No, bitcoin transactions are not completely banned in China, and people can still trade privately.
legendary
Activity: 2492
Merit: 1018
January 09, 2018, 03:54:50 AM
#7
What does item mean for Cryptocurrency that China Korea and Japan are swapping ideas for Cryptocurrency regulation?
Is there danger for exchanges based in these countrys?
People in those countries are very interested in bitcoin, most of bitcoin holder are Chinese, korean and Japanese. Chinese people use bitcoin to move their wealth to outside country, Japanese and korean buy bitcoin to safe their wealth due to the grow of war in north korea.
I think China already banned crypto exchanges but some other countries are trying to help in regulating them because mosy of the crypto traders are from those countries but Japan already made bitcoin legal in their country.
If some country banned crypto currencies they will shut down all the exchanges from that country because buying and selling of crypto will be called as crime.But it is better to regulate the usage of bitcoins than totally banning it.

China didn't shutdown exchanges but only regulate and bann the exchange of BTC/CYN as far as I know.  If they meant to regulate by taking some tax on holders I think its going to be the KYC that is very much needed on their exchanges, this however is scary for anyone.

Hope these countries can come up with something fairer.
hero member
Activity: 826
Merit: 518
January 09, 2018, 03:48:42 AM
#6
What does item mean for Cryptocurrency that China Korea and Japan are swapping ideas for Cryptocurrency regulation?
Is there danger for exchanges based in these countrys?
People in those countries are very interested in bitcoin, most of bitcoin holder are Chinese, korean and Japanese. Chinese people use bitcoin to move their wealth to outside country, Japanese and korean buy bitcoin to safe their wealth due to the grow of war in north korea.
I think China already banned crypto exchanges but some other countries are trying to help in regulating them because most of the crypto traders are from those countries but Japan already made bitcoin legal in their country.
If some country banned crypto currencies they will shut down all the exchanges from that country because buying and selling of crypto will be called as crime.But it is better to regulate the usage of bitcoins than totally banning it.
jr. member
Activity: 72
Merit: 6
January 09, 2018, 03:42:56 AM
#5
Korea and Japan are more forward thinking when it comes to technology.  Even if they introduce regulation they will still find other ways to be ahead of the curve in terms of adoption. 
member
Activity: 139
Merit: 10
January 09, 2018, 03:24:01 AM
#4
What does item mean for Cryptocurrency that China Korea and Japan are swapping ideas for Cryptocurrency regulation?
Is there danger for exchanges based in these countrys?
People in those countries are very interested in bitcoin, most of bitcoin holder are Chinese, korean and Japanese. Chinese people use bitcoin to move their wealth to outside country, Japanese and korean buy bitcoin to safe their wealth due to the grow of war in north korea.
Indeed, many Chinese are beginning to shift their assets away from cryptocurrencies such as bitcoin, which is a huge market.
jr. member
Activity: 84
Merit: 1
January 09, 2018, 03:14:08 AM
#3
What does item mean for Cryptocurrency that China Korea and Japan are swapping ideas for Cryptocurrency regulation?
Is there danger for exchanges based in these countrys?
Then the tokens associated with these countries may need to be careful, as the regulation of policy may fall sharply.
member
Activity: 115
Merit: 10
Get your share of the future
January 09, 2018, 03:06:07 AM
#2
What does item mean for Cryptocurrency that China Korea and Japan are swapping ideas for Cryptocurrency regulation?
Is there danger for exchanges based in these countrys?
People in those countries are very interested in bitcoin, most of bitcoin holder are Chinese, korean and Japanese. Chinese people use bitcoin to move their wealth to outside country, Japanese and korean buy bitcoin to safe their wealth due to the grow of war in north korea.
newbie
Activity: 30
Merit: 0
January 09, 2018, 02:58:04 AM
#1
What does item mean for Cryptocurrency that China Korea and Japan are swapping ideas for Cryptocurrency regulation?
Is there danger for exchanges based in these countrys?
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