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Japanese Ministry of Finance is going to prepare rules for cross-border transfers of digital money

The Ministry of Finance of Japan is going to prepare in the near future rules for the foreign transfer of digital money.

According to the report of the newspaper Nihon Keizai on April 5, the Ministry of Finance plans to introduce rules under which notice to the authorities should be strictly mandatory if the cost of transferring money for a foreign transfer is more than 30 million yen.

It is said that the decision of the Ministry of Finance will facilitate the consideration of the real situation with operations abroad and is designed to curb money laundering operations.
Source: Alpari

Hello, I found your post interesting can you please provide us with the link of your news? I could not find it online.

i think this is a good news for us so we need to buy some altcoins now and if you see the chart of cryptocurrency feb and march is always red crypto gives us a opportunity to invest a lot while the value s too low its more good to buy now because if the bitcoin will increase again you will regret im sure 100 percent.

It's a good news mate. I like to hear that, I hope in future will be the best crypto currency.

Definitely a good news, it shows japan's government really supported and adapted bitcoin into their economy. It's good to put strict law to prevent money laundering that benefits their people and their economy.

I agree this is good news. Japanese government makes the right rule to prevent money laundering or misuse of money for the benefit of the bad guys

I find it for bad news. Japan took a 180 course on cryupto's.
Once Japan was the most crypto friendly county. First they kicked out Binance and now this?! I don't like it.

I think it is good news as it will at least help restrict the money laundering stuff that destroying the economy of the nation. However is it just related to the fiat digital relation or whether the report says all about the crypto currencies transfer? Because if thats the case then it would be interesting to know how they are going to regulate that transfer? You do realise that transfer if the crypto currency is completely over the blockchain and government can not really track it down or stop it form happening. Its not like we take permission from anyone and then make the transfer, unlike the banks! So it must be related to the digital currency which is fiat being transferred electronically from their country to other one. If thats the case then it doesn't hamper the crypto currencies at all.

Japan is bitcoin friendly country and if they have made some regulations for this crypto then it is very good for the bitcoin and other crypto to be used for international transactions and for me the bitcoin is important and i would like to hold my present bitcoin for the future so in the future may i utilize my bitcoin for imports of some businesses products.

It's like the worst timing to do something like that as the USA is also doing negative regulations on bitcoin and it's what drives  the price down.

I think that unless those steps against bitcoin won't stop the negative trend of bitcoin is going to keep going.
Japan is still bitcoin friendly even if those regulation steps will actually happen , It's going to be interesting to know how their bitcoin payment system is going to keep on track with those decisions.

You should really link tot the article not just saying who the source is.

But how are they going to enforce this?
If you send BTC to a foreign exchange that requires AML and KYC it's pretty simple to track down but if they just transfer to somebody else it's nearly impossible.

Also, this limit which is something like 200k euros, is per transfer? Per year?

Too many questions and too little information

Plus the fact the news at OP is a bit confusing, I don't know if its really pertaining to cryptocurrency.

Moreover, this type of news aren't bad at all, it will just add a layer of protection for the investors to lessen frauds, scams and laundering.

according to our friends,the good news is bitcoin now is having a higher price and i do believe that this will not go down and we are hoping for the best of everything,and there is no more bad news for now.

good day.. found your post interesting. can you post here the link so i can read it.. thank you

Surely this is good news for cryptocurrency, there is the japanese certainty that japan is one that strongly supports cryptocurrency especially for bitcoin, very positive for the future if this is real news is not just a hoax.

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Seems like they are good news but I dont know how much they are going to help a lot. What the ministry of finance from Japan wants to do is to stop money laundering by verifying every transaction bigger than 30 million yen but if someone would really launder money or transfer illegal money do you think they are going to do it with big transactions that seem suspicious? Of course not, they are going to do it carefully with multiple transfers from multiple sources from different locations so that nothing will look suspicious when governments are going to check it.

Of course this is a very good news, like how we all know, so far japan is always being a country that support the development of crypto. And always giving innovation to always keep stabilization of crypto. These news' always giving positive things to bitcoin price.

This is a good news. It seems Japan is friendly country with crypto. Japanese goverment made rules about crypto. That will be better for future economic. I think so.

on the one hand if for the economy certainly is very good news because their economy is becoming secure. But if for other countries it would be a bit of a limit of the policy.

there is nice and good. the good thing is, the japanese government is really paying attention to crypto, and the bad news is with that limit, surely the fee for each transaction will be more expensive.

I don't really want to know a bad news regarding in bitcoin because it cannot help to us and your interest of it will be vanish. So i hope everytime has a good news about what happening here in the world of crypto because in that way many people will be happy, believe and trust more about it. I know that in this world there has a good and bad news but if would be better i you trust always although you can get a sad news.

I love to hear it, news like this is very positive news and can arouse the users of cryptocurrency in buying and selling transactions both for foreign investors and domestic investors. But unfortunately, Ripple has done it first.
You can see it at japantimes.co.jp (https://www.japantimes.co.jp/news/2017/03/21/business/sending-money-overseas-get-faster-banks-pick-winner-among-tech-firms/#.WscRjNRubIU)

The government putting rules or policies in digital currencies is a welcome development because it means they are already accepting the potential of digital currencies. It’s more of a good news that a bad news. Limitations exist when there is uncertainty and once this uncertainty or uncertainties are addressed liberalism will surely occur.

It is good news, the sooner the governments find way to regulate the sending and usage of cryptocurrency then the sooner people will begin having faith in the market and buying into it, a lot of people right now who are interested in investing in the market are not doing so because its unregualted and they fear that they will lose all of their money without rules.

Japan has been open to bitcoin, the news is no doubt a good news, it is to regulate the development of the encryption market in Japan, and it is believed that the trading volume of the Japanese exchange will quickly increase.

I think that's good news, if the government pay attention to the development of crypto in japan it means the government has to acknowledge the existence of crypto currency, and that will make Japanese citizens more trust and careful to invest and it will give positive impact for crypto

it seems that this is good news because many will use bitcoin as its payment tool the more expensive bitcoin price in the market, hopefully this news can trigger the increase of bitcoin price and not fake news.

Its good news though since its just passing a message. What is surprising is that thinking someone who wants to launder money would have to go through the stress of reporting such info. In most countries today, you the rule is that you cannot travel out with an equivalent of $10000 with reporting it and when you do, you are allowed without any encumbrance but that law is only applicable to those who have legit reasons to hold that kind of money. Its not news that people circumvent the rule with the connivance of those saddled with the responsible of enforcing the regulation where people find corrupt individuals and move any amount they wanted to. Others hide under diplomatic privileges.

Now in the case of crypto how exactly do they want to enforce it? By checking my phones, tracking all of my private keys to know how much is there, all of this policies are just for cosmetic purposes as I don't see any practicability of ensuring it.

As long as we have green signal to use crypto currencies, its really good and welcomed though there will be rules on set threshold to follow on transferring. Let any country make their own rules after adapting bitcoin and other crypto currencies. This would be certainly needed as the countries economy would have its own rules and would find negotiation when adapting bitcoin into its country.

It’s a good news will encourage the liquidity of Crypto currency; Japan is a crypto friendly country have number of good crypto currency exchanges.

I think it is not only good news but it will knock other countries & in near future other countries will also take step to involve crypto currency into their economy.

Wow good to hear though but can you drop a link so I can see it , and now little by little the crypto currency are now regocnizing though , so yes it is a good news looking for further good news.

This emphatically sounds very much good to hear because money Laundry cubing and above all total Japanese support for on line Currencies where Bitcoin is non exclusive shall pave a great way into luring so many peolpe and especially the investors both old and new to patronize the more this Cryptos, which however is constantly meeting up with Cryptos future objetives wright from the  moment.

of course this is good news japan very serious in regulating the cryptocurrency shift. this is positive news for bitcoin because with this news the image that bitcoin is a tool used for money laundering will disappear. and will more and more people believe with bitcoin.bitcoin is the future global currency.

This is definitely good news for us. Bad news to people who are using it for illegal transactions.

It's the same as debit and credit cards.
Nobody is checking your balance when you travel in and out.

In my case I can easily leave the EU with  100 000 euros on my card but not with 100 x 500 notes. Actually lately there is a madness at some borders if you have only one, don't know what the f word is wrong with people but existing Greece with one of those I had them looking at me like Osama bit Coin.

Searching bitcoin wallets would be insane as you can send them in a flash to anywhere.
Even if they check your wallet, you can create a scheduled transaction and you're going to receive the coins once you step on the plane.

They are targeting people who would try to send money anonymously out of the country to god knows what place.
But again, I fail to see how they are going to track them down.

Yeah youre right.I hope not only the country of Japan will be supported by crypto currency but also the whole world so that we will continue our income for this kind of crypto currency.

Thank you for sharing. I like the way how Japan making a rules about the cryptocurrency as this will prevent the illegal money transfer being use by the criminals that hiding their funds in digital currency. I hope that more country will follow on what Japan did.

Good  news for the crypto worlds. Because they going to used to it the bitcoins it self and it will be turning into more investors and be popular in the future. For giving such a laws or restricted a good sign to prevent abusing of this transaction and limiting the circumtances. It a good sign that they will adapting this crypto-currency. Hope other countries as well.

If you have a link please provide. Because your post is summarize of the articles. Btw thanks for sharing this.

I also hope my country is also adopting the existing technology in crypto that makes everything transparent and can reduce corruption or illegal transactions, I also hope crypto recognized by my country

Can you please provide the link to the news? I have tried to google it but did not find any credible source except one news here https://asia.nikkei.com (https://asia.nikkei.com/Politics/Japan-to-spell-out-rules-for-cryptocoin-payments).

First thing I don't think this is possible. Essence of Bitcoin or any crypto currency lies in the border-less transactions. There is no way to find out if the transaction happening withing country or outside.

As per news is concerned I guess that would apply to local bank or country specific exchanges only. It could effect only when people try to buy or cash out crypto currency to fiat. Japan ministry can define rules for such transaction only.
I guess its already happening every exchange have set of certain rules for AML. Japan probably can make it standard for all exchanges and banks.

Japan is the nation that gives good news mostly in cryto world. that is the reason I join this business. if only no nation is friendly to crypto, I would not join this business, because crypto would be doubted as a safe investment.

So you let the authorities decide for you what's 'safe' and what isn't? Pretty much explains why the majority of the people will remain a slave of this system for ever. You don't need the authorities to find and understand things that will bring you further in life. Bitcoin or basically crypto in its entirety allows YOU to be your own authority, which is something people don't realize yet. They will at some later point, but that will likely be close to the moment it will be too late to act. That exact aspect gives people the motivation/incentive to hold their coins through each and every market situation. I wish I found out about Bitcoin sooner, but at least I managed to get in somewhat early enough. Even today's buyers will later on be considered early birds....

There are countries like that of japan who are taking very much serious interest in bitcoin and other crypto currencies and that their governments have taken lot of positive steps to promote bitcoin and to regulate them in their country. This is no doubt a very good news and that this will surely bring lot of positivity in the minds of the people and that people will then invest more money into it.

For the investors that  new for this kind of income its a good news because they started to inveat an altcoin with a low price.And if someday it will rise again,wow they can achieve a highest rate of an income.

I think it's a good policy for the Japanese government to deal with money laundering cases. Because Japan is a country that treats bitcoin, a digital currency (cryptocurrency) is like a typical currency. The legality, then drives the use of bitcoin as the underlying asset (base assets) of bonds.

Having a set policy over digital currencies is actually a good sign that adaptation of cryptos is being supported by the government. Some countries might be preparing their market and will soon embrace digital currencies. For me it is a good news and a sign that cryptos will go far and that we will be having a good market in the future.

Large money transfers can always be divided into many small transfers. You do not have any reports.

At the present moment, it is only Japan that is understanding the future of digital currencies. Those people are well aware of the fact that with time, everything changes and in order to survive, those changes are supposed to be adopted. The quicker someone accepts them the easier his survivor becomes. Digital currencies are going to replace our traditional money methods.

From my opinion, there is something positive from that policy. That policy can avoid from criminal action like money laundrying and for goverment, that policy can prevent from massive outflow capital.

If that's true, it's good news. I believe that Kriptorynok should be regulated, not banned. Japan is a very developed country, it is always ahead of the whole planet in the field of technology. They will show the world that it is better to regulate and develop kriptorynok than to escape from it and close.

I believe the decision of the Japanese finance ministry to bring a positive influence to kususnya Japanese citizens, because of the limits and in the presence of these rules will minimize negative actions, especially in terms of digital money, such as money laundering is currently very detrimental to us all, that's the opinion I am about this

Hmm.. Pretty interesting news but not that shocking. Come on guys, I'm pretty sure that most of us obviously have seen this coming. This was already bound to happen and is the only way to go for us to achieve mass adoption. Although I cannot say whether for me it is a good news or not since it has a couple of pros and cons with it, I can say that it will cause a lot of fuzz in the crypto industry and the fiat industry since cryptos are not that well known yet by most of this world's population. I just hope that the pros will outweigh all the cons in the near future.

It is indeed a good news  actually, because Japan want to prevent money laundering actually. This is where most of nation trying to resolve this things but it continuously happened. So in digital world or bitcoin world Japan don't want this things to be happen that's why they're doing this things.  

Another fine news for the crypto community,
This will prevent money laundering and for the crypto world this is better than nothing,
i love those countries to regulate the bitcoin and other coins than pushing it into a ban.

Looking forward to the implementation of this plan of Japan government to regulate bitcoin transfer. It will have positive effect on bitcoin since negative  comments will be minimize and it will boost bitcoin more. It also means that Japan trust that bitcoin will prevail and will be part of the lives of the Japanese and their economy.

I cannot say if it is a bad news or good news, but one thing is that they are doing it for a good cause which is to curb money laundering. However, when they are saying cross-border transfer, does this mean if I am planning to exchange making use of the exchange platform, because the last time I checked it was this main reason cryptocurrency came into play, where I can send bitcoin from wallet to wallet without any issue ?

I can also decide to find a way to buy bitcoin over the counter as the case may be unless that has been banned in Japan though, but in general, what happened to P2P transaction that would make the whole process easy for the government. Or am I missing something out here ?

I am not sure about the term money laundering being used when it comes to this market, the people dealing with illegal funds will always find a new way to do those activities and i hope it wont affect the free nature of the market, having restrictions on the movement of funds will cause disruption, i am waiting to see how the major economies are taking a stand on this market.

Of course this is a good news. The Japan's Ministry of Finance is going to take steps to ensure cryptocurrency transactions equivalent to more than 30,000,000  JPY (roughly 280,000 USD) were reported to officials if they are cross-border transactions. Steps like this can prevent associating BTC with money laundering, while we, regular users, will not suffer from this since we don't have such big amounts. Although I support free market and I hate when government intervenes in the privacy of small businesses, I think large size money laundering should be prevented because mostly it involves money stolen from working people.

For me is good news. Japan want prepare the rules for their future and to protect money laundry operations.
Japan country already legalized bitcoin, they know bitcoin in the future will grow and bitcoin can help them to do transactions for the industry.
I hope Japan can be sample for others country about bitcoin

I think this is good news because it will reduce money laundering in the country of japan, may the economy there also improved and bring good impact on crypto

On the other hand it has a positive side, right? Just keep supporting your government as they know the truth and what is best in one country so if they have said that we need to control the price or the value of one thing they can do it.

This has two parts:

Good News:
Its a good news to them. I mean it was really their desire to take over cryptocurrency since day one. When they knew that they will not gain economic-wise from this platform, they immediately come up with a solution and that is by regulation. But now this? They're taking this too far, talk about propaganda of some sort.

Bad News:
Maybe. I said it because, what if this could lessen or even eliminate the number of ICOs that tends to being a scam. I mean there are a lot of ICOs lately that are scams (one of the reasons why some countries ban cryptos and ICOs). But then again, its a bad news, because another thing that they regulate is the ability for people to share their ICO.

A link will actually be very appropriate to be able to read the full news because everything the OP has placed here is not really adding up. Considering I can decide to do without an exchange if I wish, if I am doing a foreign transfer, how does the government plan to monitor all these ?

Everything here from my own thought will only be limited to the use of exchanges, and it is not really a bad news as far as I am concerned, since at least it would help out in the case of money laundering. I guess we are welcome to the world of regulation.

30 million yen is less than 300K when converted to US dollars. Government of Japan is mindful enough to consider the transfer of digital money can be used for illegal activities like money laundering. Good news for a lot of people but bad news for money launderers.

I think this is a good news for Japan's government because they are pareparing for a greater service and for protection of their people against sacm and laundering. As long as they are adapting the bitcoin's good intention, it will still a good news.

This is certainly a good news for the citizens of Japan. I appreciate their government for accepting the idea of bitcoin and integrating it in their economic and financial plans. There is no greater news if they are just giving regulations to protect their people against any fraud.

This is a good news for Japanese people. Japanese government are doing their plans and preparing for the betterment of their country and their people. Protectiom agianst money laundering, fraud and other illegal activities is good news for them.

every country if you want to make the latest rules must have been in mind well.
so I think this is good news for the Japanese government but there is a bad effect as well here, I think the standard transfer should be lowered again because such funds are too big.

Maybe this will slightly affect the circulation of crypto but may not have an effect on the price. If this becomes an influence it will have a huge impact given Japan also is a great State if talks about crypto.

I cannot totally say if it is a bad news or good news. It will be interesting to see how the Japanese experiment evolves. The government has indicated that it will force bitcoin exchanges to be on the lookout for criminal activity and to collect information on deposit holders. Still, one can be sure that global tax evaders will seek ways to acquire bitcoin anonymously abroad and then launder their money through Japanese accounts. Carrying paper currency in and out of a country is a major cost for tax evaders and criminals; by embracing virtual currencies, Japan risks becoming a Switzerland like tax haven with the bank secrecy laws baked into the technology.

Cryptocurrency was not made in future to favor governments regulatory authority and because of this we should not think that they are going to fold there hand and not fighting it.  Bitcoin and blockchain technology in future is going to take job from the man's hand and didn't think he would be happy for that, therefore, he is fighting with all his strength to keep his job.  Not only him but including the government officials,  bankers and financial analyst are going to be against bitcoin.

A connection will really be exceptionally fitting to have the capacity to peruse the full news on the grounds that everything the OP has put here isn't generally including. Considering I can choose to manage without a trade on the off chance that I wish, on the off chance that I am completing a remote exchange, how does the administration intend to screen all these .Everything here from my own particular idea might be constrained to the utilization of trades, and it isn't generally a terrible news to the extent I am worried, since at any rate it would assist on account of illegal tax avoidance. I figure we are welcome to the universe of direction.

I agree this is good news. Japanese government makes the right rule to prevent money laundering or misuse of money for the benefit of the bad guys

This is a great news, the Japanese are very wise and smart in welcoming crypto currencies to their country and their people at the same time they are implementing rules strict rules and regulations to avoid those who will be using it for bad or illegal activities. No wonder, Japan is a great and successful country, they make sure that they are maximizing the good things Bitcoin can bring at the same time, protecting their people from those who can use it for bad things.

Many trying to let bitcoin down especially this year , but bitcoin is somehow we can't resist now as it is part of the innovation in technology that we find ease and as a bank who let us earn and save at the same time. The battle will always be present in it.

I think it is a good news. Japanese government makes the right rule to prevent money laundering or misuse of money for the benefit of the bad guys or illegal activities. So, It will effects the market.

cryptocurrency field won't stabilize until governments put laws on using it ( to prevent money laundering and scam people ) . only then we can see green market again.

Well there are some experts who express really good feedback for the blockchain technology that backs crypto but not bitcoin. Though there are as much number of experts who think that bitcoin is here to stay along with other coins in crypto. Personally i'd vouch for the latter. Bitcoin will always be remebered as the one that put blockchain to people's consciousness. We may be down for now, but we still have a lot of room for growth in the coming years and we will grow.

this is good news, i think Japanese government is increasingly paying attention to the development of cryptocurrency, so anticipated money laundering can anticipated from anonymous nature

You must include a news link in your thread.
in my opinion it is good news, because that means bitcoin circulation has rules. rules must be made so that the movement of bitcoins can be controlled.

it didn't make good news and didn't make bad news for me, because I am not a Japanese citizen. maybe that could be bad news for Japanese citizens who use cryptocurrency, because it will incur additional charges for transactions to the authorities. but certainly the Japanese government has a good reason why there is such a new policy.

It is very positive news for Japan. Ultimately, they must determine the limits and level of money flow in the country. It's under their control. It may be bad for the investors, but it is better than never.

I would say this is a good news for us as the government is willing to recognize the centralized digital payment systems and we can always amend the rules and regulations as per the situation but as a first step, we need the recognition so that corporate houses can use cryptocurrencies without any issues. According to the news reports, the Indian government is planning to implement taxation for digital payments but nothing is clear yet and there is a lot of misunderstanding between the departments and central bank.

This is obviously good news, its purpose is to prevent criminals from committing money laundering and misuse that can harm others.
please include the link for more details. thanks.

It is the responsibility of the government to control the financial aspects of a country. Japan's Finance Ministry is going to make a lawsuit regarding digital currency transfer, I think this is a good step.

Yes the source should have been provided.It would be very difficult to trace if some one sends cryptos to another person's wallet who is in Japan directly instead of using exchanges.

But still this news shows that Japan too has realised that it could not avoid cryptos totally.

When a country by legalizing cryptocurrency has good news, it will have a big effect on global prices. This Japan News is a big contribution to making bitcoin prices more increased.

Japan is using the benefits of electronic money to help develop the technology in the country. So the information coming from Japan as I think it is the news to benefit the crypto market

of course that's good news, that means the Japanese country really paid special attention to Bitcoin, but I did not find the News online, because you did not include the news link.

this is good news for cryptocurrency, there is the japanese certainty that japan is one that strongly supports cryptocurrency especially for bitcoin, very positive for the future if this is real news is not just a hoax.

 A good news for crypto currency market investor, if one country address the issue on Regulation, defining clearly what to expect for such digital transaction on Bitcoin, it would be a welcome to a lot of investors, this would result to possible adjustment on how to follow such rules impost on digital transaction on the market, it would also lower the FEAR of investor on the issue of Regulation, and it would result to further improvement on the market investment with new investors coming in.

A welcome news for crypto market investors, the move of this high official of one country to impost Regulation on digital currency is a welcome news, investors would have a clear understanding on what to expect if they plan to invest large amount for Bitcoin project in the future trading market. This is also a good indicators that Bitcoin is highly accepted with the financially business community is clearly defining the rules for digital transaction of Bitcoin in the market.

 Wow, great news for crypto or Bitcoin investors. a bold move by high official of Japan from the financial business community looking into on what to set as a rules for digital transaction of Bitcoin, this clearly indicates that Bitcoin is accepted and with growing interest from Business community in different part of the world. Once the rules is clearly define, it will definitely accepted by Bitcoin investor and make such an adjustment on how they will actively participating in the market with such rules in mind and followed.

Since crypto-assets know no borders, the framework to regulate them must be global and international co-operation is indispensable.

There is bad news and good news for that. Japan is large country for crypto lovers. It is one of the country that make crypto more productive and creates more improvements for the good of every Japanese citizens. Once they implemented that rules then everything is for their benefits because they can freely manipulate everybody. Everyone that do transactions should have probably a history input in Japan crypto head quarters. Everything can be trace and found on that day. Maybe we can say the centralization of crypto.

They are trying to avoid some malicious transfers in their country and we can't also think the real reason behind it.
There are some people who will use the kindness and support of Japan for cryptocurrency. And to stop being abused from those shady transfers they have to create a certain policy to maintain cross-border transfers. I still find this news as informative and good.

Do you think it is good news or bad news? I think it is bipolar for the parties as if the buyer will be good news they will be buying cheap and if the news for those who want to sell them when the price is not as you expected

Japan is doing all to make sure cryptocurrency succeeds in the world. Whether this news is good or bad is not yet obvious now as it has no impact on bitcoin yet. But with time it will show.

I am also didn't find the link of that news,but if it is true,it will be a good news to all bitcoin or cryptocurrency investors.

I don't see anything a bad news on your thread.

Japan has always been a country that supports and makes great innovations that adopt cryptocurrency. The country who have a technological development who cannot be possessed by other countries, especially in Southeast Asian. With technological developments that have advanced in the country so government do not think long to adopt cryptocurrency. With the steps taken by Japan in the use of digital currency, I guess the other countries that are still close to decentralized digital currency can open up to accept.

It's a very good news now so many countries are not ready to accept cryptocurrency in this situation one country supports means it will definitely bring some changes to other country also. From the day1 itself Japan supports crypticurrency. Now it creates some laws to use crypto in their country. It will prevent people to use crypto for illegal purpose. This is a very good news for crypto investors.  Surely this will make more changes in the crypto world. Japan is a good country to implement many new things and they will succeed in that.

It is in interest of every country to stop money going to abroad. Money should to come or stay inside the country, that's logical rule of successful economy. I think this decision is smart and will bring to blossom of digital currencies use in the country.

Hi OP I don't see the news anywhere, but if it is true then i will have to agree with the government of japan. I mean alot of people use crypto currency to launder their money and i support their move to tighten securities. But i do hope that legitimate crypto currency owners will have theirs tights protected and be sheilded from abuse.

I am always trying to keep my eyes on the countries like Japan, China, those who are good in technologies to see their reaction and decision

I think that whole world would preffer to follow Japan in their decisions about crypto and other new age technologies right?

Not only Japan but almost every country would love to implement such laws which prove good and protecting for the economy. Since money laundering is a sever crime in almost all countries that sucks empty the economy of a country. Having laws against the heinous action, no one will try to do it. Besides, facilitating the technology and welcoming it to ones country is a future benefit and shifts the existing outdated systems to the next level.

it all depends on the choice of each country, because each country has its own choice, so we must support it all, if every country follow the development of japan.

No doubt that bitcoin and banks are rivals because bitcoin is snatching banks’ customers and putting them into loss. Well, I have no sorry feelings for banks because they are not loyal to their customers. They are providing very little interest to those who are keeping money into their banks whereas they earn much more from their savings. Bitcoin has become everyone’s favorite because it gives all authority to people.   

Japan is in the favor of the success of bitcoin and crypto currencies. I think they are making these rules because they want the countries related to them also get involved in the use of bitcoin and when they will make the rules from the governmental level then it will enforce other countries to legalize bitcoin for to maintain the relation with Japan.

In the world of the crypto currencies, you will keep on hearing every type of the news and that it is not at all possible to hear positive and good news all the time. there come certain times when things go other way round as well and that you don’t get satisfied with the way things are going. In that case, you must show up patience and that you need not to make any such decision which can result in loss of money.

Well that is great for  Japan, and it is good that they will give rules in using digital money to avoid such illegal activities out of it. How we wish that all countries will do the same.

There is no bad news or good-news because sometimes what seems good news later turn out to be bad news and what seems bad at the beginning later turned out to be good news .It all depends on the situation and what is happening.

 This is good news. These news' always giving positive things to bitcoin price. So far japan is always being a country that support the development of crypto. because they are pareparing for a greater service and for protection of their people against sacm and laundering.

It would be good and bad news. Good since the Japanese government is willing to give their citizens chances to earn through crypto and did not tend to ban it. It would be bad news to those Japanese investors also because they will only be limited to their earnings in crypto.

The good news today is the improvement of Bitcoin from 7 k dollar to 7.5k dollar and this is due to the interest of people in this market and with this interest they bought the coins resulted in improvement today. If this demand and interest of people is increasing then it is confirmed that Bitcoin will again touch the peaks of mountains. We need to contribute in improving the value or market of Bitcoin as it is our currency but we just expect and not contributing in improving it.

I find this news both bad and good. On the one hand, it's good that Japan officially recognizes the Crypto currency, but on the other, I do not accept any kind of restrictions.

I think there is the element of both good and bad news. The bad news is the implementations of regulations that will constrict people to use the technology. The second thing is that the regulations might lead to tax implementation as well. Giving income tax by using technology will make the market a bit low. The good news is that the country recognized the crypto and now I hope it will lead to a good future.

Yes, i agree it has an advantages and disadvantages. However, this is really good if not abuse. I could say that we should have enough regulations to clear all of this issue.

Its is a good news mate especially the Japanese government are in the positive side of the bitcoin and they really adopting the cryptocurrency and think the Japanese government will generate the regulations to be clear in terms of online transactions and generate the paying taxes in every transactions but it is always good to all the people who are involving to the cryptocurrency.

Well if this is true, is is quite amazing, Japan is fast growing country and they are always updated to new system and technologies and no wonder they will be able to adapt bitcoin in their country, now to make such kind of rules well its for common good and besides its their country they can make their own rule anyway.

This definitely is a good news and through these changes I think Japan is strengthening the cryptocurrency adaptation concept. It will equally benefit the country as well as the citizens. I hope all countries should follow Japan in this regard.

It is good that the ministry of finance of Japan having time for digital curenccy. It will also help to make more secure thier people and make more safer to any foreign transaction. It's good that the ministry of finance of Japan make a good steps for the cryptocurrecy.

That is what we call an example of a strict regulation that bitcoin should be under of. So basically this is a good news where regulation is being implemented and i hope other countries would do the same thing.

That is right. There is nothing like good or bad in this trading or crypto world. The reason is, sometimes you are going to sell your coin at a time when prices are not getting higher and you are tired of holding up your coin. But then some bad news come and you are just stopped right at the way. Now this bad news was seemed to be bad, but actually it saves up you groom a big loss.

Rules that are implemented with the relation of government can make everyone identity centralized. It means we are at the level one to make the crypto transactions centralized. We couldn't be sure when that will happen if the Minister will push that plan there will have a negative impact to our personal privacy. That's what I think.

Yeah and I think it's fine and nothing to worry about and as far as the government is concern they'll just protecting their people from any unavailable circumstances. Well maybe some think regulations can harm the industry but as a matter of fact it can help us through the innovation of cryptos.

I think this is a good news for us. So obviously a commentary about the Japanese government actually wants to improve its economy. The Japanese government supported and adapted Bitcoin in their economy. As a result of the benefit of their people and their economy, it is better to make strict laws to prevent money laundering. That's why the opinion is good.

I think this is good news, we should appreciate the japanese finance department, because, then it can show the world that Cryptocurrency is not as bad as it is said that Cryptocurrency can not be set. hopefully this can be a reference for governments from various countries so that they will follow the japanese steps.

It is good to hear that in some country they want a digital currency but I think it is hard to do that. Because some country are not develop yet and many people don't know how to use computer. Some of them are senor citizen.

Yes, It will be a great move by Japan, because it's one of the top growing country in the whole world, so I think these new rules will be good for the community there and maybe it will affect positively the bitcoin, I mean that bitcoin will gain more potential and increase, I hope that we can see bitcoin in a very high level.

it will be good fundamental support bitcoin price in market.by this news much investor become more confident to buy or hold their bitcoin or cryptocurrency.

Yes I agree too. because i believe the purpose of japanese government is to protect all investors by creating regulations in cryptocurrency market.

if this time for me is bad news, because all the prices or all the projects that are in bitcoin and trade forums all dropped its price, bounty campaign is now very difficult to make token, all the work in the online world is very bad.

Yes, I believe this is good news for them most especially. Cryptocurrency exchanges can create alot of impact to the economy this is why a lot of control must be put to it or otherwise cryptocurrencies could become a disadvantage to the country. The movements of digital money should be in a balance. If something goes out then some money must come in.

It will be good for Japanese people but some of them might not like the idea because of the disadvantages but i think the Japanese government really planned it well before proceeding for a total idea. Banks are always aware of the money laundering that's why they have to pass a report to the government to make some regulations about it.

I think it is good news however can you provide us the link of the said topic. It would be nice if we would be able to read it ourselves and appreciate the good news. And the Japanese have a really great way of providing rules especially for the betterment of their economy.

I think if a government starts making rules about digital currency it could be good news. We should not see that when digital currency is set by a state government it will be a bad news. Imagine if the government has started to regulate the digital currency, meaning the government believes and believes in the digital currency.

Life is very inevitable, full of anxiety, and in these times when fear and uncertainty have seemingly taken over we have to stay stronger and the more we want to have a peace of mind and eliminate bad news. Cryptocurrency is full of good and bad news, like adoption and banning issues, and all these both bring positive and negative impact on how we view life. These are uncontrollable, but if we accept its existence, set our minds of the possibilities then I don't think it's going to be hard to deal difficult situations. We sometimes need to hear bad news to test our emotional stability, to be aware of what's happening around, and take actions for the progress not only for oursleves but for the community.

It is very positive news for Japan. Ultimately, they must determine the limits and level of money flow in the country. It's under their control. It may be bad for the investors, but it is better than never.

This is a great move by Japan. Cryptocurrency and blockchian is gradually gaining ground. It will go round.

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I believe this is good news. rules is to prevent misuse.or illegal transaction.Japan support cryptocurrency currency i guess they will  not do anything to hinder the progress of bitcoin.

I think this is good news because the Japanese government recognizes the existence of the crypto world with it so indirectly the Japanese government allows the use of crypto world ..
but it's a good idea to give you a news link because I did not find that kind of news ..

From your topic it actually has two elements that are good elements and elements are not good for those who make transactions with the eyes of the digital good element is we are more secure in making this digital currency transactions and bad elements we have started in set by the government in doing transaction so that we have no freedom in doing the transaction.

This is great news for all crypto investors and it is the best time to buy and hold,and do well to wait until there is an increase in price before selling

Its a good news mate ! If Japan plans to extend its cryptocurrency uses to other country, it means that the said countries can exchange to Japan also. Countries who will agree to become a part of this project will enjoy the way Japan wanted it to be and i think it would be more convinient and special. Keep spreading cryptocurrency.

I think it is a good news because it is a sign for me that the country of Japan is really serious to the cryptocurrencies and they are into it so they are preparing for the possible rules or regulation that they might implement to their country so the use of the digital currency or cryptocurrencies will be more efficient.

With time we will see more rules and regulation being implemented on transaction and i am not happy with those, they should strictly monitor the bad players and weed them out and hand them harsh punishments but global trade should not have any barrier in my opinion and then only we will attain economic freedom irrespective of which country you are from.

That is right for me its a good news because japan is a strong country and respective no wonder they can provide the bitcoin and other crypto to used.Possible all investors excite to her capital for the good of business when it is regulate to the nation.

well the question here is that how will they control the privacy coins which can`t be tracked and if people, big whales wish to launder the money they simply will find a way and normal people would be affected.

To have bitcoin or join in crypto currency world is a good news because we enter a new way of earning extra income that can make our lifestyle improve. The bad is many countries not accepting it and making it a bad rumors.

the good news is they will going to upgrade their country and the good news is many of their citizen will given a job. we are all know that Japanese people are love to work they are so workaholic in times that they are many adult in there than kids. japan is very powerful country and i know they will upgrade.

It will take lot of time for the government to think over it as the government is not that much satisfied with the crypto currencies because of their decentralized nature and that things will get better once the government will realize the importance of the crypto currencies in making their economy stronger. Good days are yet to come and that we need not to lose hope no matter how difficult the things are.

Do you think it is good news or bad news? I think it is bipolar for the parties as if the buyer will be good news they will be buying cheap and if the news for those who want to sell them when the price is not as you expected

  You are saying something that I can’t understand even when I tried to understand for three to four times. You are saying that sometimes the news which seems to be good is bad in reality and vice versa. Can you illustrate this thing by giving an example from your daily life to us? For me a good news is a good news because wouldn’t change out in a bad news at any cost.

For some reason it seems to me that this is done, because many large investors saw the beauty of Japan as the country that first legalized Bitcoin and equated it to the Japanese yen. + To everything written above, there are many banks in Japan that issued debit cards with which people could withdraw and cash out bitcoins. Even the exchange stock they were given before their debit cards. That's how advanced Japan is.

good news for me , that regulation mean that jappanse take more serious about crypto currency so they make the rule about that

Can I have a copy or link of the said news? But reading with your post I see that their is no bad things about the action of the Ministry of Finance of Japan. Since they just want to protect their people. I feel happy since they have noticed the crypto currency and they have some plan about it. Who knows they will collide with the Bitcoin, and also they can allow foreign investor to invest with them? it will be a huge opportunity for everyone.

I think this is some of the good news in circulation but I think you should provide clear information in the sense that you must include a clear source so that the information you provide can be proven.

A good news can be a bad news but not for same person occasionally. This might be good for some and might be bad for someone other at some time. Like if we listen some news about bitcoins that they are just started dropping off the price so this can be of good news for those who want to buy bitcoins and they were waiting for low prices and it can be bad for those who were willing to sell at high.

Very little information provided, but if true, then it's a good news.

With bitcoin news its always like that, we never get to see full picture, just parts here and there, and its on us to connect all the pieces together. Good or bad news, I think good as long as they spell bitcoin correctly, old rule. Japanese will regulate bitcoin as they want, US in some other way, China will deal with bitcoins in some third way, European Union will do something different, each country has its own laws and regulations, same will be with using bitcoins or other cryptocurrencies in specific country.

It must be admitted that currently there are too many bad news that makes a lot of bitcoin users anxious and panicked, but I'm sure that bitcoin performance soon improved and immediately silenced the haters.

I think this is good news, with the increasingly stringent rules that will prevent abuse and illegal transactions which many harm many parties. and I think japan fully supports the development of cryptocurrency to grow and grow rapidly.

itll be nice, hopefully they can set laws thatll prevent hackers from miving money out

I think that will be a good news since everyone in different countries are expecting for cryptocurrency to be legalize and have a community in order for different people to invest easier and the price will increase even more due to the demand.

This is really nice and good news a lot of new countries are now accepting bitcoin, Japan has legally announced it that at their place bitcoin will be financially high and price will be higher than before, same as Japan Philippines and Vietnamese have said bitcoin to be legal, so no worries bitcoin will become legal currency in my state as well, we are going to hear a lot of good news related to bitcoin in future for sure.

Is it official already, and are there any new official info about this? I heard about it, and although it really depends on how they will regulate it, it should be good news, if they don't find a way to suffocate crypto. The idea of regulation always scares people, but normally, once it gets done and people see that they can actually "live with it", it ends up legitimizing crypto, and it should good for the long term of cryptocurrencies.

We can not say for sure how this news will affect the Crypto currency. Now Japan is among the first to develop a set of additional measures for more detailed regulation on the basis of its invaluable experience. Not everything that's done there, I like. For example, the recently adopted decision to actually prohibit the circulation of coins with high levels of anonymity - Monero, ZCash, Dash. This step can be regarded in different ways. It is also clear that this country cares about its security, because terrorist acts have recently increased. Here, too, the level of protection of one's own economy rises.

Recognition of the bitcoin and other crypto currencies in different countries is no doubt a very positive news and that this will no doubt help the crypto currencies to make much better name in the market and that along with it, this will also help the investors to trust the crypto currencies in a better way and then they will go for making even greater investments. The future is no doubt very colorful.

Cryptocurrency is keep on growing and because of that, rules must be further created in order for us to have a safer place to live just like how they treat fiat, fiats have limits of creation and if it goes over board then the price will fall.

Most of the countries are taking steps to prevent illegal use of crypto. This is very much needed to improve the image of crypto.

How are they going to execute it? Is it even possible? The only problem is that they might discover that you use cryptocurrencies if you have a hardware wallet with you. They cannot scan your computer whether or not you have a wallet file. Even if they did, people could encrypt their harddrives to prevent this.

Well, if this news it legitly true. I think this kind of rule that japan trying to resolve in the near future, kinda will help their vision about to curb any money laundering that could be happened in this crypto world. Well, that's some legit good news in my opinion, because of that rule could make example for another country that still having doubt about legalizing crypto in their country.

By looking the past record of the crypto currencies and the way, they have behaved in the international market, then we will easily conclude this thing that all the crypto currencies are doing their best to change the lives of the ones who are investing their money into it and that if things keep on going in the same way, then there are likely chances that the existing system will be replaced by the crypto currencies.

If it is real news, because i didn't hear it before, it can be a cause of small rice on the trade and the value of crypto

   BitcoinMarketer39 has a point, crypto-currencies are growing and governments will regulate it if they plan to have
some control over the markets in their country. Governments as they are keep us from many bad things and many
people would like to see their selected representatives to pay more attention on crypto-currencies.
   There are good and bad rules! I think generally people don`t like rules but most of us respect them. This rules
should be applied on companies first and institutions and later people have some peace when they use something
that their government approved.

Good news. See better

All of us have rules, rules in home, rules in school, rules in work and even in crypto, we need to have rules so we can know our limit, well what ever will be rules is, the most important is you obey especially if the rules is for the good of crypto.

Sure Warren doesn't like crypto at all. Just remember to put yourself in the mind and body of a rich old man - you would stick with stock, shares and currencies. Think with your own mind and like a younger millenial and you will see that some crypto's have a great future. Bitcoin was and is the trailblazer. However, more and more people are seeing their privacy being eroded. Privacy coins aim to maintain anonymity. Good ones to consider include: Shield, Monero and DeepOnion. All of the offer low cost and fast alternatives to banks. Personally, Monero has reaached ts peak and DeepOnion has maybe a 10x opprotunity for investors once the airdrop is completed. Cheers

I think with such news stories I strongly agree and the regulation is very important and needed by the government in getting around big investors for digital currency or crypto, I am here trying to opinion on the news and I am in the middle position as a small worker in the world crypto, I believes the regulation issued by the Japanese government is very good very wise considering there are special regulations for investors who invest above 30 million yen, to save the government from money laundering cases also corruption, very good news and wise I think japan still respect and recognize the existence of cyptocurrency as economic field and technology. hopefully useful and successful for everything

I have no work with japanese people, but for my opinion on that - it is great. Politics, sometimes hear the words about crypto and believe in them.

To me, I would always like to hear news that will keep me going or energize me to move harder in the crypto currency business. I always want to hear that bitcoin and ethereum will spike within the subsequent years. This spike also applies to the coins on the market so as to keep me on track with some major projects I am participating. I don’t think anyone may want to hear something bad about the price of bitcoin and some government’s attitudes towards bitcoin transaction

The bad news for sellers is the further fall in value these days while for buyers the good news is the low rate so that they get coins on low price in large quantity. Be optimistic in the market as we have seen recoveries in the past and in the previous year which hit the highest value of the Bitcoin so same in the upcoming days the Bitcoin can even go higher than the previous record.

As we already know that Japan is a developing country in the world of technology and the other. Japan is also very serious in handling the reconstruction, so I've made sure this is good news. I am interested to read it, but there is no link I found for this great news.

Well I believed that the above mentioned will be helpful to make blockchain community more organized and will run smoothly. If rules and regulations will be implemented this will make the blockchain community more effective and efficient. Its nice to habe rules to be follow. It also lessen the scams and fake project.

This is both good news and bad news. Good news in the sense that Japan has accepted the technology and this will further expand the services offered by Bitcoin. The bad news is that the introduction of regulations will someday lead to tax implementation on the earnings from Bitcoin which mean the technology will not stay so much decentralized anymore. As a result the technology can also loose some regular demand. Let see what the future brings.

yeah many of goverment are very carefully with any of crypto currency activities, because it can make any of people doing bad stuff in it, i think it still better then ban it, and denied the technology itself

Goverment are aware of this stuff because the worse people that doing any illegal stuff with it. Take any of action is good news i think than blocked or banning

Of course this is a Good Thing, the actions of the Japanese government will certainly prevent Cryptocurrency Crime Act, such as money laundering that can be done by country criminals such as Koruptor, who like to steal money People. what this country of Japan really does is very good news.

i think this is a good thing that goverment are really notice this kind of matter for the futrue of crypto currency itself and beware of that unresponsiblty people that doing it for any illegal matter

We know that the when countries adopted the Bitcoin which made their economies better so other countries should also realize now to adopt the Bitcoin. However, Germany and some other countries recently adopted the Bitcoin which shows that the Bitcoin is of great importance. In the future we will have more good news and actually Bitcoin deserves this respect and place.

I think it is good news because it shows that bitcoin is accepted in japan and the government supports the use of bitcoin and has a program to prevent the use of bitcoin for crime

Well, it can be good news for all. Sellers selling despite the low rate in value must obviously have a reason to be selling, otherwise holding and buying the dip as well to add up to what has been bought already at the top will be the best option which a lot of people usually do not understand.

One thing with good regulation is that it is going to help the space develop into a more matured space and still make the idea of decentralization existence fly at the same time, but if we expect that everyone will just keep doing whatever they want without some little bit of control and rules, then this space will not even last.

Yes we have some rules and regulations about each and everything in life, the same we have about crypto currency so I think we should follow those easy but useful rules to have better profit, there are a lot of people in the world some have positive thinking to they talk positive about everyone even about crypto currency, some has negative mind so they say negative so make your own research and don’t listen to the bad people with negative thinking.

It does not matter they are trying to make it seem as if they can control the network and we need their permission to send funds all over the world and that is not true, so I do not think this is good or bad, this is just irrelevant, what are they going to do to know that you are sending more money than that within the borders of Japan? This is an attempt to scare the people that do not really understand how bitcoin works into compliance but at the end it is not going to work.

It must be admitted that currently there are too many bad news that makes a lot of bitcoin users anxious and panicked, but I'm sure that bitcoin performance soon improved and immediately silenced the haters.

Bitcoin is inherently surrounded by good and bad news, and these seem to be out of control as each of us has different view in the existence of bitcoin. We as true believers and who trust its potential, though we know its nature and understand market status, there are still a lot to learn. Each of us can be a platform to spread the good news and change how others negatively see bitcoin as a digital currency or as a payment system.

I think this is good news because the Japanese government is going to prepare in the near future rules for the foreign transfer of digital money, with this will certainly make all things sure and no one is worried about the future of digital currency.

For me I want a good news, and never want to hear any bad news. But bitcoin now will definitely in the stage of dumping, but that's OK it's only a part of circulation, when it's not going to pump it's surely goes down.

I think they will do it carefully with multiple transfers from various sources from different locations so that nothing will look suspicious when the government will review it.
It seems like they are good news but I do not know how much they will help a lot. What the finance ministry of Japan wants to do is to stop money laundering by verifying every transaction is greater than 30 million yen but if someone is really going to launder money or transfer illegal money you think they will do it with a big transaction that looks suspicious?

It is a bad news that bitcoins is in a stage of dumping but at the same time, there is also a good news which you can invest a huge amount today while the market price is dumping so do not lose hope on the market.

I just want to read good news. The current market is going down a lot. So I just want to hear good news, I hope the market will soon recover.

They have sensed the categorization of future. As we all know Japan always wanted to go for super power in this world and they are increasing their products every day. We are using them in different regions of the world so we can say their economic status is amazing. They have relied the factor by which countries would be categorized, usage of crypto. So they are making best efforts.

Most of the countries are taking steps to prevent illegal use of crypto. This is very much needed to improve the image of crypto.

I hope that their regulations are good and favorable. Then, if it is, i shall consider this as good news.
Rules should be equally decided by the people and the officials. Because some are not so good that they create rules in order for us to be tamed.

the good news is that Japan actually regards bitcoin as a potential digital currency so they charge high taxes for any transfers from abroad. and that at the same time the bad news, the transfer fee from abroad 30 million yen? that's a big number.

I have good news for you, as I have just analyzed the technical bitcoin price is showing signs of strong convergence and will be able to increase strongly in the next time, the current bitcoin price is at $ 6500 and will be able to rise and touch the landmark
target1: 7563 $
target2: 7764 $
target3: 7997 $

there are different kinds of news. such that two kinds news are shown in the news paper,social media.then we thinks and read news is newspaper.and we shown news is social media.the good news is very fun.man surprise,job circular bews,army news etc. then otherwise bad news is man killed,children killed,woman killed etc.

Its normal to have that for japan because they are planning to use cryptocurrency for their own economy so creating rules and regulations for their own country is the best thing to do to control the growth of cryptocurrency.

It only means that Japan is planning to be a big part of cryptocurrency that is why their government is starting to regulate cryptocurrency in their country. I think this is good for us since we all know that Japan is one of the best country in terms of technology, which means they can make potential technological solution which will be good for both it's users and investors.

definitely  its good news.I'm glad that japan support the bitcoin compared to other countries.people can avoid money laundering because of bitcoin.this actually a really good news.

If that is the news you only want to be hearing then you are one of the people who are just here for the wrong reasons. You think real spikes will just keep happening and getting sustained without good development ?

Focus on the future and how things are going to turn out fine because if they do, spikes will be the least of your problem as that would be definite and if we get to have everything going insane in the space, scammers doing their thing, people doing whatever they like, then we sure know there would great problem and your spikes will not even get to be a reality.

In my opinion, this is good news for us so we need to buy some altcoin now and if you look at the graph of cryptocurrency feb and march always the red crypto gives us a chance to invest a lot while the lower value is better to buy now. We can hold it and sell when the price is increasing.

Goverment are aware of this stuff because the worse people that doing any illegal stuff with it. Take any of action is good news i think than blocked or banning

I hope the other countries follow this steps of Japan and truly embrace this kind of technology and for sure all the people who supports crypto would be happy and the doubts of other people will change to trust. 

I call those kinds of people archaic and simply borrowing a life that is not theirs, lol. This is a digital age and we cannot actually expect someone who has been used to traditional all his life, been rich through that process to just wake up one morning in his old years too adapt easily to the new world.

It is obviously one of those things we will have to live with for now until they start understanding they are living borrowed years.

Regulation is the big help from other countries obviously going to be supporting this space a great deal when it comes to big time investors seeing it as a sane market to invest in, the reduction or total elimination of scam markets or shit markets, the regulation of exchanges to make sure the coins listed are legal and all sort of things.

It still will not change the whole decentralization thing though, but at least when it comes to activities surrounding exchanging to fiat and all that, we really need regulation.

time is everything, and it also applies when you get good news or bad to say. He admits that intuitively, when working with employees, he always thinks that the best approach is to give them good news first. Daniel states that he does not want to appear as a jerk, or looks too aggressive, and he thinks telling them the first good news will protect his employees from the bad news.

actually has two elements ie elements and elements that are good is not good for those who make transactions with the eyes of both digital elements is us more secure in making these digital currency transactions and bad elements that we have started in set by the government in doing the transaction so we do not have the freedom of trans.

We know that these days a lot of investments take place because the market is favorable for buyers and they can get a lot of coins and this collection if reaches at the highest possible place then it will benefit the most. This time is favorable for buyers while those who invested in a normal market and now in loss so they should wait for their favorable time which is high market.

This is good news because Japan is known as a proud country and which most of the people are discipline therefore this policy of against money laundering is the righting to do to ensure to maintain their good reputation and good characteristics specially on Bitcoin currency issues in which they are the most reputable nation of using it.

I think this is good news for us so we need to buy some bitcoin now. it shows the Japanese government is very supportive and adjust the bitcoin into their economy. It is good to apply strict laws to prevent money laundering that benefit their people and their economies.
That's in my opinion.

I also like the fact that the Japanese government has been creating new policies for digital currency transfer in order to prevent money laundering and misuse of money. This is a very good time for the Japanese people. If all such policies are imposed on all countries, then the misuse of digital money transactions will be reduced.

Regulation bitcoin or altcoins is not good news , actually it will affect current market prices with new down trend because main concept for online digital money is freedom of payment peer to peer without interact of third party .  

I just wanna learn,why are we afraid of cryptocurrency being centralized?dont you think we should open our door and mind about this,because i think this is the only way for this community to be accepted by the world,if this happens money laundering,scamming and illegal use of money will prevent and taxation will be implemented,we have no other option since more and more countries are getting involved in issues against cryptocurrency

Is this applicable to all countries which will be affected by this? If yes then it is a good news since it will limit the transferring of money and no abuser will be allowed by it.

I think this is good news although it is true sometimes every change has a positive and negative impact, but for this I think it will be a good start where the legality of crypto money will start, if this rule works well and positively affects the users of crypto money and the country they live in will not rule out the many countries that imitate and follow this system of automatic legalization of crypto money will soon materialize, but there must be a mature assessment so that no gaps to harm each other, however money laundering is very detrimental to the economy, maybe this a good way to reduce the negative side of crypto money that governments fear every country

I think this is really good news for the crypto-currency market, Japan has been pioneering the development of the crypto currency market beyond the country, hoping that the crypto currency will grow.

this is very good news, that means the government is very supportive of bitcoin by regulating regulation for bitcoin, hoping other countries also make bitcoin regulations

I think, that's good news because there are countries that really can accept crypto currencies and make regulations to be able to regulate the circulation of these coins so that maybe many other countries will think the same

i think is good news

Good news to the sense that Japan is going to join the current development in cryptocurrency. But on the other hand, extremely enforces of rules and regulation to the borders of their country seems like a bad thing specially that cryptocurrency is for worldwide use. If they will become strict in transferring of digital currency outside of their country, they just say that crypto is centralized.

In my own opinion, people should not believe instantly on a news because they should conduct their own research in order to know if the current news is true since it can affect the market in a positive or negative way.

A welcome news for crypto market investors, the move of this high official of one country to impost Regulation on digital currency is a welcome news, investors would have a clear understanding on what to expect if they plan to invest large amount for Bitcoin project in the future trading market.

It is not clear what this news is actually about. Is it about cryptocurrencies or only cashless transfers of fiat (wire, bank cards, online payments, etc), which is also quite digital on its own? Seems obvious if the story is about fiat and just about fiat, it has little, if anything, to do with crypto. If the matter is about cross-border transfers of crypto after all, then how on earth are they going to control these money flows really? More specifically, how would they even know that a certain wallet belongs to a resident of Japan? And even if they knew (let's assume that for a moment), how would they know whether the coins were transfered somewhere outside Japan?

Because crypto has no country of residence

right, sometimes people spread positive or negative stories to get personal benefits. fomo or fud sometimes they create to enter market or out of market, and finally they get big profits

It's never a good news to see my coins dropping like a burning candle. I won't say good and it's really bad news for the market and myself.

I think that's a really good news because it will probably force crypto usage seriously for those who live or visit Japan usually. All such laws regarding digital money are in favor of crypto.

I think this is good news, bro, because I think this can make it easier for people in foreign money transactions. if it is truly achieved then I will support, because it is quite beneficial for the environment.

This is good I think for us here, I am hoping that once it happens or approve the other country would see this as a positive way when it comes to 
digital money/currency. Then, as I can see with it the citizens in Japan was also lucky due to their country is very open to this kind of crypto world.

This reminds me of how Japan so open minded about technological advancement that they know it can help their economic status. No wonder why Japan is having a plan like that because they also admit before how their economy's GDP has improved while they engaged in crypto.

japan government really consious about future technology in blockchain, especially crypto market.so that is why, positive news come from japan.and if they already set the rules , maybe will followed by other government.

I think Japan is strengthening the cryptocurrency adaptation concept. It will equally benefit the country as well as the citizens. I hope all countries should follow Japan in this regard.

I don't think such a news is a bad news. The Japanese government is merely protecting its citizens and pursuing would be criminals in the hooes of using crypto currency as a way to launder their ill gotten wealth. Besides, it is not like the Japanese government is placing huge taxes. It is merely being alerted when exchanges reach. 30 million yen.

much of a good news, we can see that more and more countries are open to cryptos, this act of japan has open the possibilities that crypto can be regulated, one step at a time, japan had always been the most innovative country in the world, if crypto can be regulated, then it will attract more investors by seeing crypto as a trusted and reliable investment.

Legal regulations are certainly helpful. Although it seems like a negative at first, the legal arrangements of the countries will protect us.

It would be best as well that legal regulations have been implented, this is also for the protection of our account. And this will help us build a stronger market.

The legal regulations adopted by the government do look like they are negative, because our freedom to transact with crypto is limited even though I know it is very difficult to implement. But with the existence of government law applied to the crypto world, I am sure that this will help crypto's growth to be better by bringing and convincing more investors to join.

Are there any sources for me to verify that this information is true? There are a number of countries that provide information for the implementation of trade plans.

There is good influence and bad influence, digital currency will make the environment friendly as you say, but of course the government will have their own digital currency? what if there were many bitcoin users switching? and of course that will be a competitor for cryptocurrency?

It has been more than almost four months since the policy was made. I would have been implemented I think. We need to check out the impact of the policy on the crypto market in Japan and only then the real figures can spring out and can decide if it was effective or not.

Japan one more than optimistic and strict about the use of Bitcoin and the rest of coins and their companies also accept the coins as medium of exchange.

Definitely it' a good news for us. Japan's government really supported bitcoin into their economy. And they make a right rule.

This is neither good nor bad. It depends on which viewpoint you are looking at it. Well, to the state, this is definitely a move to protect people or the state itself from any fraudulent transactions. Therefore, it is good. This is for fairness' sake. For the businesses that are taking the most of what the digital currencies can offer, and those who are really involved in the fraudulent activities, this will be a bad news certainly as they will be limited because of this initiative.

Its a great news for all it will contribute for bitcoin. Glad to hear japan's government are supporting bitcoins. There economy will be improve poor people will enjoy there benefits

I think that's definitely good news.Regulation of cryptocurrencies still has to start sometime.Japan is one of the first to take such steps, and this is also good.

I believe that having this kind of conversation is not new to JAPAN already since we know how this country is in for technological innovations and advancement. That's also the reason why this country will easily lift their economy because they are united as one in embracing technologies like the blockchain.

In my way of thinking its really good to have like that regulation to prevent laundering in their country. Even though Cryptocurrencies are decentralized still we need a rules so that we have a limitations in what we are doing. Japan is one of those countries who accepted bitcoin and it is great to the government to pay attention to this kind of thing.

Good news for Japan. Since there is no corruption in the country. And if you take the scale of another country, for example India. Then I think nothing good will come of it.

Dear friend,
I thought this would be great news and appealing if it is true. The digital money is recognized by the Japanese government will be the premise to it's widely recognized worldwide. Then it will end the historical mission of the current physical currency.

Its a good news. I see that as improvement of cryptocurrency in a country. That will be good for them. If this can be improved by other countries, they will surely benefit too.

Eventually, bitcoin can be adopted but of course it has a price. Governments will have to pass down regulations on it since they can't just let it be used uncontrolled. It is for our protection anyway. I just don't see any way around it.

Some investors and some experts in the field of forensics say that bitcoin will quickly recover and that it could rise to $ 25,000 in the near future. so it good new

Right. If it feels like bad news for anyone, they're likely more concerned about their anonymitt rather than crypto's future. These kind of regulations are essential if you ask me, to get the majority to have confidence in our market.

You are right in this regard that regulation of bitcoin will surely be helpful for all of us, we should try to make our government regulate bitcoin, it will increase number of investors as after regulation more people will trust bitcoin and more people will invest as they will know it is something trust worthy as government is involved in it, so it is good to make it regular good and bad news really effect the price and the value of bitcoin.

I think I want to hold my bitcoin at this time so in the future maybe I use my bitcoin to import some business products.
Japan is a bitcoin-friendly country and if they have made some rules for this crypto then it's great for bitcoin and other crypto to be used for international transactions and for me bitcoin is important.

There is nothing wrong with the decision of the finance ministry of Japan. Every country is always trying hard to curb financial crimes and money laundering. It is a good news and good decision too.

The current market is nothing good to see or hear about. I become sad whenever I see the market with this dip and I at times plan to stop investing.

This is a good news because it is a nice step.

I think if it is about the dip that is really a good news for those who want to buy more or enter on the crypto feild. But I think it is also a bad news to those who buy last December 2017, they are really in a big loss right now and some of them who didn't have enoughf faith to hold may already do panic selling and already lose. So then I believe that they need to hold and wait until the price rise again.

Yes, I 've read the news in one of the links. Broadly speaking what's done by the Japanese Ministry of Finance's a necessity that needs to be implemented considering the use of bitcoin legality in their country which is very likely not to be separated from some improper actions both from outside Japan nor from Japanese citizens itself.

I do not see why you think this is good news they are trying to limit us in the way we use or cryptocurrencies, many see regulations as a good thing because they see this as a way for the market to grow in price but that is not the main goal of cryptocurrencies, the main goal of cryptocurrencies is to liberate you from the regulations of the governments, so I do not see this as a positive step.

I hope every time there is good news about what is happening here in the crypto world because that way many people will be happy, believe and believe more about it. I know that in this world there are good and bad news but if it is better I believe always, even though you can get sad news.
I don't really want to know the bad news about bitcoin because it can't help us and your interest will be lost.

Bitcoin is always combination of good and bad news. Bitcoin is accepted by many country and work with many government like japan, Germany etc. Japanese government promote bitcoin in their country. And also ask their people to use it. Many government use bitcoin for their various projects and purposes. Bitcoin's untraceable transaction creat problems for it. Because of this many cyber crime are happens and many malware attacks are happen. These bad news about bitcoin creat problems for its.

Cryptocurrency is really a controversial topic now a days because govt. across the world try to regulate or ban crypto. It is mix of good and bad news,like few days ago ETF got rejected and directly it was made effect of price of Crypto. One more thing in india battle is ongoing between central bank and exchanges regarding regulation for trading.

Is that so? Can you please give us some proof of that news on how true it is? Bitcoin became famous all over the world already. And government starting to make a move about it. Implementing restrictions can be good also to avoid illegal transactions of bitcoins. Although it can be a bad news aswell because it getting harder to use bitcoin freely.

This is good news at least for Japan. They might be introducting this rule as some kind of regulation in  order to avoid money laundering or any other criminal activities. This move shows that they want to eliminate how people use BTC or any other cryptocurrency in their wrong doings. This move is something really good as Japan is showing an example to other governments on how they can adjust and not prohibit entirely the crypto market.

This is good news even though that bitcoin could work where ever you are around the world it is good to know that a group of people or the one raise this concerns up had to put limits or boundary between money transfer from around the world. There could be ways that a support coming from other countries will going to access cryptocurrency as a form of payment.

Structurizing operations with crypto seem to be good news, since it will help to prevent chaos arising from fully uncontrolled manipulations.
I hope that the declared objective (prevention of money laundering) will strictly be followed and will help to decrease the number of crimes in the financial sphere of Japan.

On Bitcoin topic and matter, there is always good and bad news. They are combined. I think Bitcoin is a good thing, and it is going to be a much greater thing than we can imagine now. In the next few years things are going to slowly change, for better I suppose.

I think that's good news. because the Japanese government can manage digital money traffic problems. in one position the owners are benefited by the security.

In the coming year, we can hear many benefits from the major countries about their decision about the Bitcoin. We can expect there is a price increase in the coming days.

I agree more that it is bad news, digital money transactions should not limit the amount but must be questioned first where the money was obtained from and what the money will be used for, as a form of protection against illegal actions. If it is clean, then the transaction can be done, but if it is suspicious, the government has the right to block it. What must be restricted is the disbursement of large amounts of cash. Because cash is difficult to track, so it is prone to be used for illegal actions in contrast to digital money whose transaction data is recorded and stored so that it is easy to track. Freedom to transact is needed, but not to interfere or harm others.

Quite good but how exactly store they going to do that? And note that they just  said digital money and weren’t being specific on which one they are talking about. If they are going to do that, I don’t see the how they will be able to tell when someone is about transact money with Bitcoin and how will they be able to know the location at which you’re transacting from?

You can argue endlessly what kind of news at a given time, but all that does not happen all goes for the better, and hence the growth of bitcoin is a matter of time.

Bitcoin will grow higher at the right time, no matter what the news we have today it will just a recipe for a greater success of bitcoin. The value of bitcoin will increase more, no matter how much the manipulators do in this market they will not succeed to drop bitcoin in the future, this is the king of all cryptos and it will live longer that what we expect.

in my opinion it's good news, if for investment is also good, the reason is now, continued Oscar, the Japanese government has stated that Bitcoin is a legal payment instrument with a position equivalent to Yen.

Japan, like Switzerland, is very loyal to crypto-currencies. The news that emerged still compels other countries to take similar steps. I believe the decision of the Japanese authorities is correct

That's really interesting, it shows that the government care and start to concern on the benefits of using crypto. I hope it can be a start for another country to legalized the crypto, and be used as the main currency.

That's wonderful, legalization is what we needed to make crypto really useful and advantages. I'll be happy if my country also legalized bitcoin

It is a good news because it will make other countries to adopt crypto currency so that the border - transfer can work effectively and when that happen, all the countries involved might likely legalize bitcoin like Japan

I'm sure the good news will increase the price of bitcoin, and bad news makes the price of bitcoin fall. Market sentiment will react when a news discusses bitcoin, depending on news content. Therefore, the bitcoin market is filled with large capital speculators that can shake the bitcoin market by releasing large amounts of bitcoin or buying large amounts of bitcoin. They often observe news that impacts on the price of bitcoin.

Good news for crypto if Japan have accepted of bitcoin and altcoin transaction, we can trust with bitcoin or altcoin become the most popular digital money at the future if many country have allowed for using bitcoin and altcoin as payment transaction.

I think this link would probably help but then again i quite believe that it is a good news, i hope this link that i drop will positively expand on your understanding regards of the topic .

Feel free to comment to let me know what you think, link: https://www.usnews.com/news/best-countries/articles/2017-09-26/japan-to-launch-new-nationwide-digital-currency

I hope that other countries can also take a positive example of the Japanese finance department if this happens with this good system of digital money, especially Bitcoin,
in Japan this should be treated with highly supportive and sophisticated technology, hopefully in the future Bitcoin or digital money will be the best for the world.

Yes, it doesn't matter whether the news are bad or good. It will recover in one phase and then start recovering when bad news are disappearing. It's okay to be panic after reading bad news, but just be optimistic that it will be a solution for this.

Market will not effect visibly by small news, the market is too bear for news that it needs a big shot to wake up, and that might take time to see what will make it wake.

Japan is a country where everyone has a mobile phone and all Japanese love innovation and new technologies. Therefore, this news is very good for me. Japan recently held a lot of ICO and I'm sure they did it for some reason. Soon, I suspect, we will see the first legal state that will use cryptocurrency. And this state, as you know, will be Japan.

Good or bad news what ever it is as long as it cannot affect the crypto. But still I will choose good news always because they give us possible thinking about crypto and continue to believe to it. Also once we heard a good news we immediately get excited about it especially when it comes to the rising value of crypto. For me most of the time all of us want to heard good news because it is the other reason why we keep continue to used crypto.

I agree it is really good news for all which others can adopt crypto to invest. Being popular that other people easy to use in any transactions bitcoin. Good news to all users and I believe there will be more growth happen in bitcoin.

Definitely, the crypto space is mixed with both good and bad news and it is of no doubts that the bad news are caused by the people with less knowledge in crypto and its usefulness. Cryptocurrency has achieved a lot since its inception and has positively changed the lives of those who believed and stuck with the good news.

this is good news for legal business people, but this can be bad news for business people who are dishonest and often tax delinquent or who do not want to pay taxes, this also results in the prevention of money laundering, because all money is walking can be detected very well, so the point is this is positive news ..

with more and more people adopting crypto to invest, it will be easier to spread to everyone, indirectly like promotions. of course this good news soon arrived at new investors, so that more and more investors scored

the good news in Japan will definitely have an impact on bitcoin in all countries because in the internet world there is no national boundary so all the information that is happening will have a very rapid impact, possibly if all countries want to understand the future trade using digital systems. using blockchain technology, because the system is very indulgent for its users, we just wait for the possibility that will happen in the future.

I think this is good news. thus the Japanese government can minimize the use of bitcoin for money laundering tools. we cannot avoid the nature of bitcoin which anonymously tends to be used for illegal activities. with these rules we can prevent money laundering. and also this can attract investors to start investing bitcoin again. because investors feel safe there is a government that regulates and protects cryptocurrency transactions.

that is very good news to overcome the news that says bitcoin or crypto currency is a place for money laundering and that it can make countries that prohibit it can remove the ban because what you convey is true

This must be good news. Japan’s attitude towards cryptocurrency is positive. This behavior is to prevent the cryptocurrency from being abused and causing damage to the economic system. This is a wise move. When people gradually limit the shortcomings of Bitcoin, the cryptocurrency market will skyrocket.

this is really great news! But don't you have other links that we can about this updates so we can verify of how true it is. Though, I knew Japan

is one of the Crytpo enthusiast country who regulated bitcoin as their secondary digital currency so wonder why they are doing it now.

Yes, we have to follow the example of the Japanese government that is so concerned about Cryptocurrency growth in its country, very different from my country, which until now has not legalized Cryptocurrency. In Japan alone the government plays in Cryptocurrency which aims to protect Cryptocurrency from people who want to damage it.

If being done correctly the usage of crypto will be much greater in a daily business, japan have a good intentions making crypto as another currency that can be used and legalized the existence of this chain, hopefully more country like them which is fully developed will also adopt the system and makes a good impressions so people inside the community will learned and accept the service.

for me, this news doesn't have good or bad impact for me because I'm not Japanese citizens, but maybe for Japanese people this is bad news because maybe their movements about cryptocurrency will be limited and noticed by the Japanese government. I hope this is good news for Japanese citizens.

Those who have a good knowledge and governed in their countries and they think about welfare of humanity, they accepted bitcoin. However, the others are still in confusion.

It is good news all the way. This is actually a deterrent for fraud, money laundering and other illegal transactions that they plan to make use of crypto currency and blockchain technologies. I mean it will go hand in hand with KYCs  and other deterrents such as these. This is a good steo into making investors feel safe.

Absolutely this is good news. When bitcoin would be implemented in our daily usage, there would not be an open door for politicians or everyone to corrupt money or do money laundering.

I think its good news because government accommodating cryptocurrency in banking system. If this is involving cryptocurrency, i am believe its good for cryptocurrency market and investor will more confident holding cryptocurrency in their wallet

This is sounds more interesting to me, on what newspaper did you read this announcement anyway? This is actually in good favor to all of us who believed in crypto. As long as I can see that crypto enthusiast will benefit from it, this is a good news of course. But like what I said I want to know if you could provide us a link for this updates news this past April 5.

Yes, however, if the government involves cryptocurrency in any system it will be good news, because then at least we don't have to worry about holding crypto for a long time. So far many people are worried about crypto in the future, so at least the government involvement in cryptocurrency is a good step and indeed it seems should be implemented soon so that the crypto market can recover quickly.

government intervention will bring positive impact to cryptocurrency price.they should isseu policy that make investors confidence and comfortable.although at this time its not started yet, but in future they will do.

Each of us initially understands that the information space greatly influences the cryptocurrency market, especially if specific news is placed in a negative or positive format.  It also needs to be borne in mind that the real legalization of cryptocurrency in society depends on the governments, but if this situation is universal, then we will have to forget about the anonymity of the owner of the cryptocurrency.

indeed the government's involvement in the crypto world can sometimes have a positive impact on the development of crypto in the future. because the government also plays an important role in the next crypto world. without government approval crypto will not work.

That will be another thing, being adopted globally will questioned the intentions of this crypto currency how anonymity will take place since government
needs to centralized the system, it would be a big test if how well those government to set any ruling for the best benefits of both investors and traders
who continue patronizing this system.

A group of nations called G20 have been planning to create global regulation that can be adopted by any nation including the develooing countries. The aim is to curb money laundering and to prevent bad elements for using bitcoin in their money laundering activities.  This new set of rules will also protects people from scams and other illegal activities so I believe that Japan's move is a good news and beneficial to its crypto users.

This is for good. Just like Financial Action Task Force, it is a global financial body which impose sanctions on countries who fail to act against money laundering. Why not also create a rules for digital money? If this will maintain the balance of cryptocurrency from opportunist.

By creating global regulation, that will help the other grow, and that will give a chance for the cryptocurrency to grow in that country. People from that country can try to use cryptocurrency, and if somehow, they can get benefits from cryptocurrency, I am sure that they will continue what they did. Maybe Japan could be the leader of the country that using cryptocurrency and that will makes the other country will follow what Japan did. Maybe the regulation can prevent money laundering to grows and will help the government to control their economy too to get a better economy in the future.

I consider this concerns as a good news. Regulations is indeed needed and seems like they do think that digital money have some potential to be uses by wide audience and they do trying to prevent the fraud out of it. So yes its good news

Agree with you, people who are corrupt will remain corrupt using money or digital money does not matter for them so those who are talking wrong about it are just trying to distract you. So try to spread only good news and be positive about your investment, only them you will be able to avoid scammer and  earn profit.