[2017-07-14]Japan’s Bitcoin Exchanges Getting Ready To Secure Smooth Operations

[Siren]

Japan’s Bitcoin Exchanges Getting Ready To Secure Smooth Operations After August 1

Shortly after recognizing Bitcoin and digital currencies, Japan continues to take thorough steps to create an attractive environment for digital currency trading and use in daily purchases.

In the latest forward looking preparations - Japanese exchanges lineup to secure smooth operation irrelevant of Aug. 1 events.

Buckle up

Bitcoin Improvement Proposal 148 is set to be signaled by miners in August with hopes that SegWit2x gets locked in.

This means that transactions will become both quicker and cheaper. However, not everyone agrees and it is uncertain if this will be successful. A scenario of Bitcoin forking, or breaking into two separate chains is possible if no enough parties agree to signal for BIP148.

The Aug. 1 events have been unsettling the market as July continues to be the choppiest month traders have faced this year. There is no doubt that a possible fork of the peg and major cryptocurrency is no easy feat and disruption can occur, irrelevant of the outcome.

https://cointelegraph.com/news/japans-bitcoin-exchanges-getting-ready-to-secure-smooth-operations-after-august-1

[CryptoBry]

It is really about time for exchanges to make sure that they are protecting the assets of their membership base. As we are nearing that specific date, the market is always feeling the jittery as if there is a big dark cloud hanging over the skies. We are still around 14 days into the date and yet people are already panicking as if they don't know what to do and no one is giving any guidance at all.

People are banking on exchanges to do their share in facilitating any changes or disruptions that may happen after the August 1 event. These exchanges should not a part of the mess but should stand as leaders for their members.