Japan's positive attitude towards digital currency

1. What are the current views of central banks on digital currency? Money is money. It's inflated now

2. There are not many opinions on China's digital currency abroad. However, the domestic digital currency is very confused, capital disk, pyramid schemes, circle money is endless, people can't prevent it. bitcoin is a bad thing derived from the high price of bitcoin. The cheated group basically does not understand digital currency
bitcoin and lightcoin, the mainstream digital currencies, are not as profitable as expected. The expected revenue of crowdfunding projects launched by European crowdfunding is only about 30%. Those with high-yield currencies are basically certain to be scams.

3. The CFC classifies bitcoin and other virtual currencies as & quot; Commodities & quot; At the same time, each state has successively introced the digital currency regulatory laws and regulations to determine the regulatory framework of the digital currency instry.

4.

Japan is also the first country in the world to legislate on virtual currency. Just in April last year, Japan's "change of capital payment law" was formally established. Virtual currency is defined as having the function of currency and can be used for monetary payment. Moreover, some time ago, the tycoons of the domestic currency circle also went to Japan one after another to learn from Japan

Finally, the popularity of virtual currency in Japan is also the intentional guidance of the Japanese government. The emergence of virtual currency gives the Japanese government a new "future". The Japanese government hopes to establish a monetary system independent of the U.S. regulation through virtual currency, so as to revive its so-called great power status

however, we should also see that Japan's too loose virtual monetary environment has also led to many negative problems. For example, the frequent theft of virtual currency makes the Japanese government have to intervene in the asset security of the virtual currency market. As a result, Japan has strengthened the supervision of virtual currency, and the virtual currency market has become a bit quiet - exchanges such as hotcoin and BIGone have even given up Japanese language services

5. At present, the government does not support or suppress it. As long as it is a formal good project, the government will graally accept it. It is said that EES is good

6.

At the G20 meeting, different countries held different views on digital currency, some strongly resisted it, and some actively supervised it. Now let's take a look at the attitudes of the G20 countries towards digital currency

In a statement, the Canadian Securities Regulatory Agency (CSA) said that considering the whole process of ICO issuance, many ICO tokens meet the definition of securities and require them to comply with the securities law. In addition, the CSA noted that ICOS may also be derivatives, subject to derivatives laws passed by Canadian securities regulators, including trade reporting rules. Regulators said they welcome companies that are about to conct ICO to enter the "regulatory sandbox" to test new financial procts in a limited environment

India

the securities and Exchange Commission of India is planning guidelines for the regulation of the bitcoin market in India. In addition, the securities and Exchange Commission of India set up a financial regulatory commission and held meetings with Reserve Bank of India (RBI) officials. The SEC also plans to regulate whether bitcoin derivatives and other cryptocurrencies are used to raise funds illegally

7. 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

8. What is the current attitude of global village towards blockchain and digital currency? At present, the global village has a very good attitude towards chewing out a chain and digital currency.

9. 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,