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BitcoinArsenal (OP)
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January 17, 2018, 03:27:44 PM |
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Japan’s Largest Bank MUFG Will Open Cryptocurrency Exchange: Local Reports. Mitsubishi UFJ Financial Group, the largest bank and financial institution in Japan by assets, is planning on launching a bitcoin and cryptocurrency exchange targeting institutional and retail investors. Full article on CNN |
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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BitHodler
Legendary
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Activity: 1526
Merit: 1179
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January 18, 2018, 01:43:15 AM |
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That's some pretty sweet news to hear in a time where we constantly have South Korean exchanges this and that nonsense to deal with. At first I was surprised about how open Japan is, but that's over now.
Everything we see happen in Japan makes perfect sense with how they have been pushing the crypto industry forward like no other country has ever managed to do throughout the years.
But the thing is that all this bad news about South Korea is reaching the mainstream media reports, but such bullish developments not. It to me seems like they are falling back in their old and nasty anti crypto habits.
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BSV is not the real Bcash. Bcash is the real Bcash.
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jamids
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January 18, 2018, 03:21:10 AM |
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Another good news despite the FUD happening. There is a reason why Japan is a progressive country because they can see an opportunity and they don't want it to go to waste while others are still doubting, fighting, banning and whatsoever they do to prevent people in being engage in crypto. They welcome crypto with open arms and sooner or later other countries will follow too. Japan has been of the reasons why there are many people who end up trusting cryptocurrency because of them welcoming it instead of closing its doors to it.
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wilhb81
Full Member
Offline
Activity: 224
Merit: 100
Any store can buy, sell, and accept Crypto
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January 18, 2018, 04:10:33 AM |
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Two East Asia's countries - both of them are only separate by the Korea Strait, but having totally different rules and regulations on cryptocurrency. South Korea's government is banning all the crypto exchanges platforms, while Japan's largest bank MUFG is open up their own crypto exchange... Isn't it interesting enough?
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vit05
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January 18, 2018, 04:47:54 AM |
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Eventually, Japan will become so rich that they will start to demand that other countries start to accept Bitcoin more easily. Even if they have prohibited before. Money talks, money is power and Bitcoin is money in the hands of people.
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1BTC EQUALS 1CAR
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January 19, 2018, 02:28:47 AM |
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The question if it's available in other parts of the country and it's not focused only for Japanese people. But I'm sure that this will lead to a rise for bitcoin and it will prove that after every storm, there's a rainbow of hope.
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michkima
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January 19, 2018, 06:09:39 AM |
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This just goes to show that crypto is going mainstream. So hodl on to you bitcoins, ladies and gents, we're up for another wide ride this year! And for those who hasn't had any bitcoins yet, this is the right time to buy as prices are quite low against its potential increase this year. Probably if we get more of these kinds of adoption then it will likely lead to the same increase we had last year.
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yojodojo21
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January 19, 2018, 06:22:35 AM |
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The country of JAPAN serves us the safe haven or last refuge of bitcoin, no doubt, because it is created by Satoshi nakamoto.
The very intriguing part here is that most country knows that JAPAN is a wealthy country and it is very visible to the eyes.
but some country don't appreciate and try to ban or dispose the idea of crypto.
Therefore, the downfall of Bitcoin now a days can be an ironic reversal if the implementation of this project will be done.
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