Could Japan Possibly ban ICO’s

[dusty rhodes]

wow if true RIP mona coin

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[fiulpro]

Hey
Well I don't think if they banned ICO's it will be a very big deal, and yes obviously they can ban ICO's there is no doubt in that.
First of all these ICO's that are now prevelant in this time 90% of them are fake , they ask people to donate a fraction for the establishment of the new project or a company or a new currency and then they are never heard about.
Thus due to this ICO system many people are getting scammed and thus even if they are Thinking about banning ICO's then it might be valid.
Not all are fake offcourse !but most of them are and maybe the situation in Japan is worsened because of increasing number of scams that government has to consider it.
But whatever maybe the reason it will be for the welfare of people.

[RayvenPierre]

Japan is one of the leading countries that are supporting cryptocurrencies and ICOs and I don't really think they will be banning it when they are openly accepting and using it. For me this is just another FUD and an attempt to weaken ICOs.

[Manutax]

Cointelegraph also carried the news

https://cointelegraph.com/news/ico-ban-in-japan-a-definite-possibility

[diagla]

I don't think Japan would be so stupid to ban ICOs. They are a big world leader in Bitcoin and it would not make sense to lose this advantage they have.

[Golftech]

I don't think Japan would be so stupid to ban ICOs. They are a big world leader in Bitcoin and it would not make sense to lose this advantage they have.

maybe its another way to create some panic if ever news will come and inform every holders that japan will also conduct such action but for my own
personal opinion japan is not that type of country they know what are they doing so after deciding to adopt btc they will keep it that way together
with other crypto's alongside with ico its there people's responsibilities to choose whatever they think is good for them.

[alfs75]

News coming out of Japan has it that authorities in that country are considering a ban on ICO’s. How would this Action impact on the prospect of Bitcoin and other cryptos globally.

Even an small doub't  i dont thinking that japan  would ban ICO because the father and founder of bitcoin  was born in japan Mr Satoshi.japan is the no. 1supporting about digital currency as far as i know, japan economy raise in to high because of the bitcoin help and the camaraderie of the people.

[olubams]

News coming out of Japan has it that authorities in that country are considering a ban on ICO’s. How would this Action impact on the prospect of Bitcoin and other cryptos globally.

Everything is very much possible in this crypto community. Without any issue that will be last resort if the regulation is impossible to do in real time. The issue of ICOs is that all they wanted is to be done right and because implementing it is out of their reach they consider banning it and because ICOs is being done outside the exchange sites, they have little or not control over it. The implication will definitely affect to a large extent especially on whose platforms ICOs is being raised now such as Waves and ETH.

[erickkyut]

Yes, Japan could possibly ban ICOs but I don't see any reasons for them to do that. Japan is one of the bravest countries who took the initiative to adapt and legalize Bitcoin. In fact, they now have COMSA which is the very first Japanese ICO. At the very least, I think Japan will only wanted to regulates ICOs to avoid SCAMs.

[yojodojo21]

Where do you read this news?
Do you have any reference? You must post the link and put some credit on it.

Regarding to your question.
Yes it is really possible, most ICO project are often supported by altcoins.
Bitcoin is known to japan. In fact banning is also consider a serious discussion. If they do the same thing what China do then it will be a real loss to all of bitcoiners. (China not included)

[ethereumhunter]

News coming out of Japan has it that authorities in that country are considering a ban on ICO’s. How would this Action impact on the prospect of Bitcoin and other cryptos globally.

japan could be possibly to ban ico like korea because if the japan government can see that there is so many ico that don't have a good plan for the ico and japan can protect their citizen from getting scam, they can do this with easy. but i don't think bitcoin and other cryptos will gets the bad impact because i think its different between the ico and the bitcoin especially if we talk about crypto currency. the ico is like a project that is not yet run properly and they need to test the project by doing many things like attracted the investor, make promotion, release the coins and other things.

[NeoTech42]

I don't think they will ban ICO's because they lead the cryptocurrency world by adopting it very early. But they might rather regulate ICOs in order to avoid the multiple scams 

[man1975asc]

I read the article on Forbes - "An ICO Ban In Japan Is Still A 'Definite Possibility'".
Basically in Japan the use of crypto currency is very common, and the Risk with ICO is that normal/non-skilled people are scammed.
In this scenario a ban or legal restriction for ICO is possible.

[shafi alam]

Yes japan can ban ico's from its country.  but point is this news won't effect on cryptocurrency market. China  did ban ico,  that's why they provide Rumor. And You have to more about crypto, than will understand.

[ajmapalo22]

I think this possibly because Japan only gives suport to bitcoin that's why they don't want other crypto currencies to enter their market, there's a lot of ICOs introduced in the market this somehow divert the market of cryptos and make the demand in bitcoin lessen so I think japan just want to penetrate the bitcoin market and wants to focus on it.

[Gontxi]

News coming out of Japan has it that authorities in that country are considering a ban on ICO’s. How would this Action impact on the prospect of Bitcoin and other cryptos globally.

I can not come to a conclusion quickly before knowing what really happened. or maybe just a rumor that was deliberately spread. yes I think we should find out from a valid news source.

[neolexx]

The protection from scams is to give more information about technologies. Deep understanding of blockchain limits gives the answer what is possible.  As a result less myths will be. Not to ban or trying to escape. I hope Japanees government understands this.

[youghten]

News coming out of Japan has it that authorities in that country are considering a ban on ICO’s. How would this Action impact on the prospect of Bitcoin and other cryptos globally.

they can’t ban ICO’s but can Ban exchange .

i know Japan start to support bitcoin in real office so not think they till be banned

if ban price will down more than week

[Tszunami98]

This kind of things are impposible to predict. No one saw the bans in other countries that have already done that.
Anyways , Japan is the most open country when it comes to cryptocurrency, but if there are some scams in the ICO field htey will surely ban it...no doubt.

[SmartMesh]

Many in Asia see Japan as the liberal safe haven for cryptocurrency, but Koji Higashi, cofounder of digital token wallet IndieSquare and an outspoken figure in Japan’s cryptocurrency scene, would not be so daring.