Japanese exchanges have begun to receive formal licences from their regulator

[Pasutinmeur]

Japan has now licenced 11 exchanges:

http://uk.reuters.com/article/us-japan-bitcoin/japans-fsa-gives-official-endorsement-to-11-cryptocurrency-exchanges-idUKKCN1C40T9?il=0

That's more exchanges than most countries have! Looks like now it's legal, they'll try to gain market share and dominance in the crypto space.

I told you the volume that already traded in the korean exchange site will try to migrate into the japan exchange site. I mean a lot of the traders are feeling convenient to see they are all using the legal exchange site which means they will not get another attack or pressure again by the goverment or ministry like what was happening in the korean and china.