Retailers in Japan Quickly Embrace Bitcoin Thanks To New Virtual
Currency Regulation Posted on11: 00 am April 5, 2017AuthorJP BuntinxCategoriesBitcoin, Bitcoin News It is good to see Japanese retailers embrace bitcoin payments all of a sudden Bitcoin is starting to gain mainstream traction in Japan.
Not exact matches
The Circle CEO wrote in the blog
post that the
regulations are «technically impossible» to comply with, creating a radically more challenging environment for digital
currency companies to operate in.
«[Lawsky] plans to advise companies on financial matters such as cybersecurity and digital
currencies like bitcoin, a new sphere of
regulation he helped spearhead in New York,» reports the New York
Post.
Like we mentioned in the Bitcoin being a bubble
post, these scares are good for the long term progress of the
currency — not just because they scare dumb money away and prevent long term losses by innocent people, but also because the
regulation the type of which caused this stir is direly needed in China.