Japan to Call for Crypto Rules at the G20 Summit

[johny1976]

Either way it's good for publicity. All these noise will help to expand another bull market for whole crypto space in a year and half or so.

True.

[googs84]

Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.  

read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/

That's another news to make people worried about the bitcoin and its future that too in the world where they are already suffering badly from the big drops. However this summit can either bring good news if they decide to accept the crypto currency conept or at least the way it works. If they decide to regulate it and make it more centralised then also it will be good news because at least people like Gox won't interfere with mass adoption of the bitcoin and the process will be more regulated thus making the bitcoin buys and sells very much controlled.

[redhondaxrm125]

Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.  

read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/

Honestly, I am really not quite sure if I should be happy about this news or not since the aim of the japanese government is completely against the ideologies of satoshi nakamoto(team). Just think about it, bitcoins in the first place wanted to break the rules and chains that binds us to them and the japanese are pushing for global rules. I think it is something I wouldn't want to happen. But on the profit's side though, it is great since they are really trying to legalize bitcoins  which can be good for adoption and traffic. So even when I hate the rules, at least I can still go and take advantage.

[Ctn]

Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.  

read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/

So we have another FUD or is it the really true news for us to think upon it. Japan is already taking great moves the bitcoin and so far many of the commercial businesses has already accepted the bitcoin as mode of payment in Japan itself. If Japan really help this adoption to push to next level then I am sure bitcoin and other crypto currencies will be pumped to ATH which is going to be more than 20K for sure. Because global adoption will bring 5-10X more investors into the crypto world after this bill has passed. I think Japan will become first ever country to push the crypto currency in such great way and it will have most of the acceptance of crypto currencies. Thats a good news I believe.

[wuvdoll]

Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.  

read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/

The probability of this meeting will be the centralization of the crypto currency which will affect the anonymity and the volatility of it. This will be a bad omen for us because government will most probably want to control the flow of cryptocurrencies.

They cannot change what has been done bro and unless they start giving us the crap that all protocols of all the available market to be changed to become a centralized market, otherwise face the consequences, then I see no other way what you have said can play out which what I have said is not even going to be possible.

I am sure what is going to happen is just putting in place some regulations for ICOs, exchanges and some other stuffs but not changing the idea of decentralization.

[CaptainKid]

Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.  

read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/

So we have another FUD or is it the really true news for us to think upon it. Japan is already taking great moves the bitcoin and so far many of the commercial businesses has already accepted the bitcoin as mode of payment in Japan itself. If Japan really help this adoption to push to next level then I am sure bitcoin and other crypto currencies will be pumped to ATH which is going to be more than 20K for sure. Because global adoption will bring 5-10X more investors into the crypto world after this bill has passed. I think Japan will become first ever country to push the crypto currency in such great way and it will have most of the acceptance of crypto currencies. Thats a good news I believe.

I also very much want to believe that Japan will persuade the rest of the countries to adopt bitcoin. But to expect that this will happen very quickly - not worth it.

[YzzyGo]

For me, it is great news for the movement of cryptocurrency forward into mass adoption. Not sure how it will go and it may even go against cyrptocurrency but I'm still hopeful that it will find a lasting place in our economy.

[Bonsaiav]

Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.  

read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/

I think this is positive news and i really hope that what the Japanese representatives do in negotiating can generate positive responses or decisions in order to adopt a global rules on crypto to make them more aligned to crypto users.

[Hadji]

Let it be as it is! At bitcoin, the whole point is that he can change the price for a year with 5 or 6 times, and in a position to make you a little richer or poorer, the only thing he does not have is a real fixed price, fixed, who will throw a bit of bitcoin , he will be right in a party

[Kate Beckett]

The main reason, which is voiced by the Japanese, is the fight against money laundering when using crypto currency. I think that in this regard, the call by Japan for the leaders of the G-20 to adopt general rules on crypto-currency is a positive news. However, we must not forget that each country pursues its own personal interests. This solution can be beneficial for the Japanese, as a way of regulating crypto-currency using a generally accepted solution.

[Tabanta]

Probably good news. Japan is one of the most modern countries in the world, I dont think they are opposed to cryptos.

[richardsNY]

Japan has been the perfect example of how countries should regulate the crypto market, and not see it as a threat, because it only becomes a threat once governments ignore how powerful crypto in its entirety is. I am sure that if they allow crypto to grow further naturally, but of course regulate the market in a fair and sustainable way, it will be beneficial to each and every party involved. I however am of believe that the majority of the crypto currencies will be outlawed at some point, and this is a great thing. It will only leave us with the top currencies, and knock off the 99% of the redundant crap coins that don't contribute to anything of useful nature. It's going to happen.

[pitiflin]

Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.  

read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/

This might make things for the better part of this year. Maybe not. It's a summit, things can go both ways. No one knows how finance ministers think about cryptocurrencies, if you really believe in media you're a bonehead. Global rules on cryptocurrencies, boy I cannot stop laughing. You seriously think countries would come together and implement these supposed rules on cryptocurrencies? You really think there's enough peace in this world for that? Lmfao.

[dothebeats]

Though the Japanese government has been perfectly fine with cryptocurrencies flourishing within their country, I doubt that the vote would unanimously be favoring crypto all throughout. The main talks would be about AML and KYC regulations, and it could stem out different other regulations that the participating representatives could think of, which could be beneficial for the users or would just disappoint us in the end. I hope the Japs would do their best to bring out fair regulations and present it nicely without the other countries nosing in for unfair taxation on crypto users' end. Whatever the result of the summit is, we'll learn in the next coming weeks.

[Kevin77]

Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.  

read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/

Well, as a reason to just move ahead generally, I would say it is not bad but for the fact that regulation is becoming a thing we have to just accept, I would just say we do not have any choice and I hope it does not end up with the governments trying to frustrate everything. However, it is a good thing and at least for us to just move on once and for all without the government breathing down our neck and raising FUDs, this would make some sense.

At least from what Japan has been able to achieve in a period of few months of regulation, I am sure they will have a lot to tender on why it would be a welcome development if they all embrace it rather than trying to fight it. Japan has taken the bold step already, and it is left for others to follow. I know a lot have been a bit skeptical with regulations, but at this stage, it is more like regulation or nothing and at least regulation will create more awareness.

[Aqua Man]

Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.  

read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/

THis is very interesting. what kind of regulation they will apply and will there be 'crypto tax havens' in the future

[v0rtecxz]

I am impressed with the japanese state, the country is fastest in accepting new technology, and the country is trying to introduce to other countries how to receive bitcoin with some rules they make so they can continue to closely monitor the use of bitcoin, I hope other countries can accept bitcoin as well as Japan,
quotes
"the trick will be to make sure to protect consumers and prevent illicit activity, without stifling innovation in the fast-growing cryptocurrency and fintech sectors".

[realBitcoiner]

We cannot so sure about this news, and we cannot say if something good will happen but of course we want this kind of news to be true. Japan is one of the best place to use cryptocurrency, and this can also have a good impact on cryptomarket, I believe cryptocurrency will play a great role in our currency.

Japan has been in the forefront so far and from the look of things and how stuffs have turned out for them, I am sure they already know the impact it is going to be having positively and that is what is going to be pushed out to the other countries anyway. I am sure this is just the start and from the outcome of the meeting which I believe is going to be positive, it should usher in a new era for the world of cryptocurrency.

[redsap]

ah thanks god, for the good news
it realy nice when bitcoin is out of spreading with a good news
and when we comfort with a stabilze price, so much can we do with bitcoin when it come more normal

[Biscutard]

Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.  

read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/

That's another news to make people worried about the bitcoin and its future that too in the world where they are already suffering badly from the big drops. However this summit can either bring good news if they decide to accept the crypto currency conept or at least the way it works. If they decide to regulate it and make it more centralised then also it will be good news because at least people like Gox won't interfere with mass adoption of the bitcoin and the process will be more regulated thus making the bitcoin buys and sells very much controlled.

Let them handle this and we will see what's the result besides we can't do anything about it since we are only traders but we can do something about it if we found out that the result is not yet acceptable.