Japan virtual currency exchange

1. Don't be fooled. China does not recognize the legitimacy of any virtual currency.

2.

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

3. Mark is a MLM coin. bitcoin house, the media in the currency circle, has exposed similar pyramid schemes
according to the information obtained by China Anti MLM volunteer alliance, Baichuan coin, SMI, MBI, mark coin, mmm, Fuda compound wealth management, carat coin, petromoney, Huaqiang coin, CB aiib Hong Kong Group, Yuansheng, WorldCom, u coin, Jubao, 21st century fox, Wanxi wealth management and BBT (now renamed Morgan coin) are similar, They are all illegal pyramid schemes in the guise of virtual currency
this kind of MLM operation has the following characteristics:
1. Most of the above currencies are issued in a non constant amount, only speculation, and no commercial application
2. All of them belong to online financial pyramid selling, and the servers are all overseas, so it is difficult to investigate and deal with them
3. Short running cycle. Generally 3-6 months, to return money to the peak directly shut down the network running, change a vest to come back.

4. Four transactions of virtual currency: 1 medium currency, 2 security currency, 3 fire currency, 4 OK (with contract) love life, stay away from contract

5.

Mt. gox2, the operator of the world's largest bitcoin exchange, announced on 28 February that it had applied to Tokyo District Court for bankruptcy protection because 850000 bitcoins on the trading platform had been stolen

I have always trusted btc123. In 2013, I first found the fxbtc mainland platform on btc123 to buy bitcoin, and fxbtc collapsed and lost a lot of bitcoin. At that time, I thought that the mainland platform was not very reliable. Then I found mycoin on btc123, the Hong Kong platform. Considering that the legal system in Hong Kong is more perfect and btc123 is an endorsement, it should be safer. So I bought 2 million bitcoin from huocoin.com and transferred it to the multi currency treasure in mycoin platform for storage!!! Often login multi currency account, has been able to log in, and every day there is interest payment. In February of 2015, I happened to see the news that the boss of the platform ran the road and Hong Kong's capital took 3 billion yuan away!!! Then the mainland economic investigation called the police and refused to accept it. It said that the office address was in Hong Kong and asked me to call Hong Kong to report to the police. The Hong Kong police station received a call saying that I should report to the police in the mainland, and bitcoin did not accept the call to report to the police. Finally, it said that I could report to the police online first. I called the police on the Internet, no news!!! Now call the day should not, call the ground not work!!!! I hope the media, the government or the police can help me. I can't say that I have no hard-earned money for 15 years! I wonder if we can sue btc123 together? What else can we do to rece the loss? Thank you

6.

On March 8, Japan's financial regulator punished several cryptocurrency exchanges, including ordering two of them to suspend operations for a month. Coincheck Inc, a big cryptocurrency platform in Japan. The penalty is part of new restrictions imposed by regulators after $530 million in thefts

According to the regulator, seven cryptocurrency exchanges, including coincheck, lack proper internal control mechanisms and need to submit business improvement plans by March 22. Coincheck said in a statement that the company would take the penalties seriously and strive to regain the trust of its customers

7. Hello, most of these platforms are not compliance channels, or even illegal,
but there is no problem, so it can not be determined
few investors and poor liquidity; Lack of supervision and serious manipulation.