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Japan issues digital currency

Publish: 2021-05-11 11:32:48
1. In 2017, the financial department of Japan officially issued the digital currency exchange operation license to the first batch of applicants. Japan has established regulations on the supervision of digital currency dealers, and has made clear the operational guidelines for digital currency dealers
the FSA said that it would put Japan's digital currency exchange under a comprehensive regulatory framework, including monitoring the internal system of the exchange, checking the customer asset protection mechanism, and possible on-site inspection. At the same time, the FSA requires digital currency exchanges including bitcoin to implement a more stringent KYC policy than at present. Exchanges must begin to verify the identity of account users, keep transaction records, and report suspicious transactions to regulators
the conditions for the registration and establishment of Japanese digital currency dealers:
the establishment of a Japanese corporate company
leasing Japanese office
three Japanese employees are employed, one of whom is a director of a Japanese company
Japanese companies open bank to company accounts
there is a normal trading system (Japanese version is not required)
provide KYC information (specifically prepare the government information list)
the services include company registration before obtaining the license, assistance in leasing office space, assistance in recruitment of company employees, preparation of audit reports in cooperation with accounting firms, AML and KYC reports, business plans, all compliance documents to be submitted to FSA prepared with Japanese law firms, and answering all questions raised by FSA
in the process of obtaining a digital currency dealer license and in the process of future operation, traders must employ at least three employees, at least one of whom has a digital currency or bitcoin background or financial background
follow up maintenance: first, ensure the normal operation of the Japanese office and the daily work system of employees. Annual financial and audit reports should be submitted to the financial department of Japan every year. The contents of the reports are large, including the transaction details of virtual currency, the number of customers, the number of traders, the handling fees, the amount of customers' funds, etc. After obtaining the license, all the operation related expenses need to be paid by the dealer.
2. Unreliable. When issuing an cryptocurrency, please think about it. Does it really need blockchain technology? If it doesn't have to be based on blockchain, it's a gimmick or a trick to cheat money
3. The use of digital currency license: 1. Packaging platform for publicity; 2. Developing OTC legal currency business of exchange currency trading and contract futures; 3. Platform compliance and risk aversion
4. AMEX is a national stock exchange or American stock exchange with mature and standardized operation and outstanding stock and derivative securities trading
the listing conditions are lower than that of the New York Stock Exchange, but it has a history of more than 100 years
If a company wants to be listed on the US stock exchange, it needs to meet the following conditions:
(1) at least 500000 shares should be owned by the public on the market
(2) the market value should be at least US $3000000
(3) there should be at least 800 shareholders (each shareholder should own more than 100 shares)
(4) a minimum of $750000 in pre tax income is required for the previous fiscal year.
5. Using the impulse theorem to get the kinetic energy theorem in the process of free fall, we can get the velocity V at the moment of landing, and then use the impulse theorem ft = MV

so if we need to get the impact force, we need a contact time, estimate one, and then get the impact force
you can't get the impact force under the given conditions, So we can't work out the specific value.
6. It is not sure that ripple was born in March 2013. From the beginning of its design, ripple has been incompatible with the blockchain camp led by bitcoin, because ripple is a worldwide payment network based on blockchain, through which you can transfer any currency, including US dollar, euro, RMB, Japanese yen or bitcoin. Generally speaking, Ruibo has the following three characteristics:

1. Without mining, it directly defines the issue of 100 billion xrps as the transaction cost of the payment network and the exchange standard currency

2. It is a gateway system, which can issue digital assets directly through the gateway system

3. The consensus mechanism is adopted. The accounting speed is much faster than that of bitcoin and Ethereum. The account can be transferred in 3-5 seconds.
7. Yen is the safest safe haven currency in the world. It is a freely convertible capitalist country. A digital currency can't do anything to Japan. On the contrary, there can't be any digital currency in China. If digital currency is connected with other countries in the world and empties domestic foreign exchange reserves minute by minute, the crime rate of the United States is high, and many people launder money through digital currency, so they don't support digital currency very much,
8. At present, there are 11 digital currency exchanges in Japan, and another 17 are under review
Japan has developed into the largest bitcoin trading market this year, and about 50% of bitcoin transactions are concted through bitcoin / yen.
9.

It is an inevitable trend for legal tender to develop into legal digital tender. In the long history of currency development, China, as the earliest ancient civilization in the world, according to the literature and relevant archaeological findings, the currency has been used for more than 5000 years, and the alternate development of its currency in various dynasties is very representative. For example, before the early Shang Dynasty, our ancestors took the lead in using shells as an equivalent trade, which greatly facilitated people's daily life; From the early Shang Dynasty to the early Song Dynasty, with the development of commodity exchange, there was an increasing demand for money. Seashells could not meet people's demand, so various shapes of copper coins began to appear; Since the late Northern Song Dynasty, e to the shortage of copper materials, paper money has been invented creatively. Nowadays, the development from traditional banks to E-banks has injected action into the development of China's low-carbon cashless society and created a good social environment for the development of legal currency to digital currency

non legal digital currency challenges legal sovereign currency. In 2009, Nakamoto created the world's first point-to-point decentralized digital currency, which was initially used as a gray commodity trading currency in the dark network (black market) within nine years. It has obtained legal status in the United States, Canada, Australia, Japan, Malaysia, Western Asia, Europe and other countries and regions. At its peak, bitcoin's total market value was close to $10000. Because bitcoin and other digital currencies have the characteristics of global transaction, point-to-point, anonymity, legalization of some countries and other factors, the state can not implement supervision and prohibition, resulting in a large number of capital flight and illegal transfer of assets, increasingly affecting the national financial stability, and posing challenges to the national currency, foreign exchange and other financial systems. At the same time, bitcoin and other digital currencies are increasingly challenging the security of the financial system of illegal countries, which also leads to bitcoin facing more severe financial regulatory policies and technical barriers in these countries

10. This can't be done, because the proction of the interstellar bit miner is confidential and afraid of plagiarism.
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