Bitcoin Forum

How friendly are Japanese banks to bitcoin? Do they allow money to be wired back and forth to bitcoin exchanges or do they freak out with AML if you do this often?

I think you didn't know that Bitcoin is considered a legal tender in Japan since April 1st. Japanese banks are friendly with bitcoin.

Massive adoption with japanese this year.

You mean 1st of April this year,2017? That's so nice of them in Japan. How I wish it would happen to all banks in my country. Actually were only few that is merged to bitcoin. The competency of banks in country is too high especially those big companies that run for over a decade already. However,this past few months some banks in here are having few investors because of the said bitcoin value or the crypto currency involved. This is a good opportunity to some long term investors in banks for they have seen the big difference of its profit and security but also the quickest transaction that is only digitized way. So perhaps in the long run bank accounts will be obsolete.

I know thats why Im asking. I just don't know the extend of friendliness. If I I set up a business to do bitcoin trading and investment on reputable exchanges the banks won't freak out right?