Can the latest bitcoin be used in Japan
bitcoin lacks stability, so it doesn't have "inherent value", it's just a virtual proct. If we recognize its legitimacy, it will have a significant adverse impact on the banks of all countries, and even can replace the currencies of all countries. Finally, a few people will manipulate the world's monetary system, which is a very dangerous existence. It's not money. Whether it's legal or not depends entirely on whether a country recognizes it as legal or not< At present, the United States, China and South Korea all think it is not a currency. Among the big countries, bitcoin is only recognized as the "unit of account" by the German Ministry of finance, but it is only a unit of account, which does not mean that it is mainly a currency.
coincheck is one of the largest bitcoin trading platforms in Japan. At present, the total monthly transaction amount of this platform has increased from about 3 billion yen at the beginning of last year to 36 billion yen now, expanding 12 times. As for the development of the platform, the president of coincheck, a bitcoin trading platform in Japan, said that in the near future, one bitcoin can be exchanged for 140000 to 150000 yen (about 8700 to 9300 yuan), which is 2.5 times higher than that of the same period last year, and the total number of users registered on the major bitcoin platforms in Japan has exceeded 600000.
among the prosperous shops in Ginza, Tokyo, Japan, You can also see a bitcoin trading machine that can exchange invisible bitcoin and yen notes. People choose to buy, sell and other operations in the trading machine interface, and can easily complete the transaction by scanning the two-dimensional code of the bitcoin wallet on their mobile phone. At present, there are six such bitcoin trading machines in Tokyo and 14 in Japan
in Japan, more than 4200 businesses have accepted bitcoin payment. At this sushi restaurant, when customers check out, they can choose to pay by scanning the QR code of bitcoin bill. Since the introction of bitcoin payment system into the sushi restaurant, the turnover generated by bitcoin payment in one month has reached 500000 to 1 million yen, equivalent to 30000 to 60000 yuan. The manager of a sushi restaurant in Japan said that for businesses, the service charge for using bitcoin to settle accounts is only 1%, which is very cost-effective and convenient.
in this bill, the Legislative Council defines bitcoin as an asset rather than a currency. People can use it as a way of payment for transactions
relevant units have also put forward requirements that service providers or exchanges operating in bitcoin must register with the Prime Minister of Japan, and the capital scale must not be less than 10 million yen. They must have information technology systems that can prevent theft and loss, and must establish a variety of systems and processes, involving training, internal regulations, governance, outsourcing guidance, etc
the amendment bill also amends the prevention of the transfer of proceeds of crime act. Regulators have asked bitcoin to implement a more stringent "know your customer" process than it currently does. The exchange must verify the identity of the account opening user, keep the transaction records, and report the suspicious transaction records to the regulatory authorities.
On March 12, bitcoin rallied and its price rose to $58139 , close to the record high set in February
according to assetdash's prediction, the market value of bitcoin may soon exceed that of alphabet, the parent company of Google, or even the money supply of won. However, bitcoin suddenly collapsed that night, spilling more than $3000 in two hours, which stunned many investors. "Safe haven assets" have become "high-risk" assets
Du Jun, co-founder of fire currency, said that although the recent rise in currency price has boosted market confidence and the instry is generally optimistic, it can not be ignored that the US inflation index CPI is in line with expectations, and the rise of the three major indexes of the US stock market also has an impact on the mood of the virtual money market. The recent rise of bitcoin has something to do with the massive purchase of bitcoin by many traditional companies
extended information:
a well-known trading platform was investigated
the collapse of bitcoin on the evening of 12 may be related to the news that a well-known trading platform was investigated
on the evening of March 12, some media reported that the US Commodity Futures Trading Commission (CFTC) was investigating the virtual currency trading platform coin an, and the investigation content was whether the company allowed us residents to trade its regulated derivatives illegally
according to people familiar with the matter, coin an is not registered with CFTC. But coin an has not been charged with misconct and the investigation may not lead to any enforcement action. The CFTC regards virtual currencies such as bitcoin and Ethernet as commodities and has jurisdiction over its futures and other derivatives. This means that if Americans trade on the virtual currency platform, no matter where the exchange is located, the platform will face strict customer protection and regulatory requirements
a person close to the trading platform told China Securities News that coin an had no major accident and strictly abided by the rules. At present, it is only under investigation
according to some people in the encryption instry, the investigation shows that the US regulatory authorities may prevent virtual currency investment from becoming the mainstream investment mode in the United States, and are stepping up the crackdown on virtual currency violations

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