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Author Topic: Good news or bad news...  (Read 3270 times)
Golftech
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June 16, 2019, 07:24:27 PM
 #321

Each of us initially understands that the information space greatly influences the cryptocurrency market, especially if specific news is placed in a negative or positive format.  It also needs to be borne in mind that the real legalization of cryptocurrency in society depends on the governments, but if this situation is universal, then we will have to forget about the anonymity of the owner of the cryptocurrency.
That will be another thing, being adopted globally will questioned the intentions of this crypto currency how anonymity will take place since government
needs to centralized the system, it would be a big test if how well those government to set any ruling for the best benefits of both investors and traders
who continue patronizing this system.
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Seeker#9
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June 18, 2019, 05:49:32 AM
 #322

A group of nations called G20 have been planning to create global regulation that can be adopted by any nation including the develooing countries. The aim is to curb money laundering and to prevent bad elements for using bitcoin in their money laundering activities.  This new set of rules will also protects people from scams and other illegal activities so I believe that Japan's move is a good news and beneficial to its crypto users.
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June 18, 2019, 08:09:29 AM
 #323

Japanese Ministry of Finance is going to prepare rules for cross-border transfers of digital money

The Ministry of Finance of Japan is going to prepare in the near future rules for the foreign transfer of digital money.

According to the report of the newspaper Nihon Keizai on April 5, the Ministry of Finance plans to introduce rules under which notice to the authorities should be strictly mandatory if the cost of transferring money for a foreign transfer is more than 30 million yen.

It is said that the decision of the Ministry of Finance will facilitate the consideration of the real situation with operations abroad and is designed to curb money laundering operations.
Source: Alpari

This is for good. Just like Financial Action Task Force, it is a global financial body which impose sanctions on countries who fail to act against money laundering. Why not also create a rules for digital money? If this will maintain the balance of cryptocurrency from opportunist.

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pieppiep
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June 18, 2019, 10:00:05 AM
 #324

A group of nations called G20 have been planning to create global regulation that can be adopted by any nation including the develooing countries. The aim is to curb money laundering and to prevent bad elements for using bitcoin in their money laundering activities.  This new set of rules will also protects people from scams and other illegal activities so I believe that Japan's move is a good news and beneficial to its crypto users.

By creating global regulation, that will help the other grow, and that will give a chance for the cryptocurrency to grow in that country. People from that country can try to use cryptocurrency, and if somehow, they can get benefits from cryptocurrency, I am sure that they will continue what they did. Maybe Japan could be the leader of the country that using cryptocurrency and that will makes the other country will follow what Japan did. Maybe the regulation can prevent money laundering to grows and will help the government to control their economy too to get a better economy in the future.
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June 18, 2019, 04:18:57 PM
 #325

Japanese Ministry of Finance is going to prepare rules for cross-border transfers of digital money

The Ministry of Finance of Japan is going to prepare in the near future rules for the foreign transfer of digital money.

According to the report of the newspaper Nihon Keizai on April 5, the Ministry of Finance plans to introduce rules under which notice to the authorities should be strictly mandatory if the cost of transferring money for a foreign transfer is more than 30 million yen.

It is said that the decision of the Ministry of Finance will facilitate the consideration of the real situation with operations abroad and is designed to curb money laundering operations.
Source: Alpari
I consider this concerns as a good news. Regulations is indeed needed and seems like they do think that digital money have some potential to be uses by wide audience and they do trying to prevent the fraud out of it. So yes its good news

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June 18, 2019, 06:55:54 PM
 #326

Japanese Ministry of Finance is going to prepare rules for cross-border transfers of digital money

The Ministry of Finance of Japan is going to prepare in the near future rules for the foreign transfer of digital money.

According to the report of the newspaper Nihon Keizai on April 5, the Ministry of Finance plans to introduce rules under which notice to the authorities should be strictly mandatory if the cost of transferring money for a foreign transfer is more than 30 million yen.

It is said that the decision of the Ministry of Finance will facilitate the consideration of the real situation with operations abroad and is designed to curb money laundering operations.
Source: Alpari

This is for good. Just like Financial Action Task Force, it is a global financial body which impose sanctions on countries who fail to act against money laundering. Why not also create a rules for digital money? If this will maintain the balance of cryptocurrency from opportunist.
Agree with you, people who are corrupt will remain corrupt using money or digital money does not matter for them so those who are talking wrong about it are just trying to distract you. So try to spread only good news and be positive about your investment, only them you will be able to avoid scammer and  earn profit.
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