Japanese banks invest in local bitcoin exchange

[Koadharber]

Japan is a good country that accepts bitcoin. and now a company invests to bitcoin. it sounds that this country will make an increasing amount of Asian who will use bitcoin and follow their stepfoot.

It is possible that the Japanese will lead int he development of cryptocurrency and improve its economy.

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[Doamader]

Japan has the best internet, they are always exploring and building new things, im not surprised at all about some big bank company investing into bitcoin, considering the huge potencial of the currencie to double over some period i didnt understand why big investors hasnt tryed bitcoin.

[pinkpanther03]

Excellent progress if bank from Japanese seeks to engage in bitcoin market. I hope Japan can build a lot of quality local exchanges such as China, all players bitcoin worldwide welcomed this good news.

Japan is a country that is very transparent in financial matters. Differences with system in China, the Japanese are more concerned with quality than quantity.

which means Japan can be one the factors to make bitcoin become more higher, it will also give an impact for the local exchange especially for the bitcoin community in crypto world. If that so, it is real a goods news for us here.

[szpalata]

Mizuho Financial Group and Sumitomo Mitsui Financial Group have joined a $1.75 million funding round for Japan's biggest bitcoin exchange, bitFlyer, according to Nikkei.

The groups made the investments through their venture arms, joining another Japanese giant, Mitsubishi UFJ Financial Group, as bitFlyer stakeholders.

https://www.finextra.com/newsarticle/30136/japanese-banks-invest-in-local-bitcoin-exchange

This is great as the partnership will sure make Bitcoin attractive especially to Japan residents and create awareness for the furtherance of the Bitcoin course so they should keep it up and help the Bitcoin community.

[Kray]

Japan is a good country that accepts bitcoin. and now a company invests to bitcoin. it sounds that this country will make an increasing amount of Asian who will use bitcoin and follow their stepfoot.

It is possible that the Japanese will lead int he development of cryptocurrency and improve its economy.

Yes i fully agree with you, japan began to invest litle money in their local business and when japan find it's suitable for their economy they will research and develop cryptocurrency very serious

[Koadharber]

Japan is a good country that accepts bitcoin. and now a company invests to bitcoin. it sounds that this country will make an increasing amount of Asian who will use bitcoin and follow their stepfoot.

It is possible that the Japanese will lead int he development of cryptocurrency and improve its economy.

Yes i fully agree with you, japan began to invest litle money in their local business and when japan find it's suitable for their economy they will research and develop cryptocurrency very serious

I think that is the reason for recent big rise.

[btcjoin14]

Day after day there is an article that states that some big investor is investing money into a Blockchain project and the amount of money is around the multi-million dollar range. I don’t know where all that money goes, the money could be used to pump Bitcoin up though I am pretty sure that they aren’t that interested in the project because if the price goes up then more people would get involved to work on Bitcoin and the whole Blockchain of Bitcoin.

[bettercrypto]

Day after day there is an article that states that some big investor is investing money into a Blockchain project and the amount of money is around the multi-million dollar range. I don’t know where all that money goes, the money could be used to pump Bitcoin up though I am pretty sure that they aren’t that interested in the project because if the price goes up then more people would get involved to work on Bitcoin and the whole Blockchain of Bitcoin.

This only means one thing.  Bitcoin is going mainstream.  With the acceptance of several country, bitcoin is now more popular then ever.  Prices would likely to soar more as more company and investors come in.  Many believe that today trend is cryptocurrency and Bitcoin is "hot money" meaning it is a good investment.

[asyakashi]

Very likely neighboring countries will follow japan. Government policy determines whether or not bitcoin develops in a country. The more countries that use bitcoin, it is not impossible that bitcoin will change the economy of the people ..

[TheWallStreetCrew]

Asians are smarter than Americans plus Americans are too anal retentive. Hey New York!

[stripykitteh]

Very likely neighboring countries will follow japan. Government policy determines whether or not bitcoin develops in a country. The more countries that use bitcoin, it is not impossible that bitcoin will change the economy of the people ..

They are working with Digital Payment technology so I am pretty sure that the people in Japan will find a use for Bitcoin and bring the price of Bitcoin up. There is not much progress going on with Bitcoins Blockchain, I think that they people that are receiving the money to get blockchain research funded are using it to do something other than putting it into Blockchain researching. I mean millions of dollars in funding though the price of Bitcoin is only in the 2 grand area?

[S4pta]

I think this is one factor japanese progress possibly because with investment in bitcoin japan bank get many advantages....

[snowcrashed]

Mizuho Financial Group and Sumitomo Mitsui Financial Group have joined a $1.75 million funding round for Japan's biggest bitcoin exchange, bitFlyer, according to Nikkei.

The groups made the investments through their venture arms, joining another Japanese giant, Mitsubishi UFJ Financial Group, as bitFlyer stakeholders.

https://www.finextra.com/newsarticle/30136/japanese-banks-invest-in-local-bitcoin-exchange

Japan is always the leader of new things, they always be on of the first country to accept Bitcoin and now, they are investing money in Bitcoin exchanges which will make Bitcoin more popular in their country and also in the world

[Pettuh4]

I think this is one factor japanese progress possibly because with investment in bitcoin japan bank get many advantages....

Of course Japan stands to benefit that's why their government is ensuring all these advancements in Bitcoin and cryptocurrencies in general. I'm hopeful many world superpowers will follow what Japan is doing in the near future.

[Adelajda]

Japan has the best internet, they are always exploring and building new things, im not surprised at all about some big bank company investing into bitcoin, considering the huge potencial of the currencie to double over some period i didnt understand why big investors hasnt tryed bitcoin.

You really do not need the best internet connection to be involved in bitcoin,yes they took a proactive step towards bitcoin and we have big investors in bitcoin and that reflects in the price growth we see now,everyone knows the potential because of the constant growth it has achieved and it will thrive better with time.

[Rinder]

Japan is taking the lead and looks like others countries will miss the gold opportunity, bitcoin into some years will double and even reach 20000 dollars unit, soo its 8x the current investment nowadays. It always good to see big companies starting investing over crypto, i believe they will make their own crypto coin as well.

[Sundark]

It is possible that the Japanese will lead int he development of cryptocurrency and improve its economy.

Japanese people were always good at finding a way of technological progress.
I was wondering why they didn't hop on bitcoin hype train much earlier and instead of Japan, China took the advantage as the number 1 nation behind cryptocurrency.
It all changed with Japan legalisation of Bitcoin in Japan, trading volume shifted and now we can see than Janapense exchanges have the highest volume.

[eaLiTy]

Japan is taking the lead and looks like others countries will miss the gold opportunity, bitcoin into some years will double and even reach 20000 dollars unit, soo its 8x the current investment nowadays. It always good to see big companies starting investing over crypto, i believe they will make their own crypto coin as well.

Since everyone is creating a coin why not. Let a company from Japan start a project and start attracting people and i am sure people will flock in and throw money at it as we are seeing with all the projects which is insane ,Japan is doing the right thing, understanding what bitcoin is all about and how it can attract more entrepreneur in this which in turn is a positive thing as they create more opportunities.

[shadelockme]

Hopefully this step is imitated many other large companies, not just in japan but around the world, so that the world more and more to know the benefits of bitcoin, and not only see it from the negative side