Japan's Aso commented about cryptocurrency in parliament

in #blockchain7 years ago

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Comments by Japan's finance minister Taro Aso in parliament.FSA needs to keep protecting investors over crypto assets
Will need to be cautious, but it is a must to grow blockchain technology.Japan has been one of the more welcoming nations towards cryptocurrencies but had recently also taken a hard line as the FSA issued punishments and business order improvement orders to cryptocurrency exchanges that has been "not up to standard".

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Japan's position unmistakable difference a conspicuous difference to China, where controllers have gotten serious about the market. Toward the start of September, controllers restricted introductory coin contributions (ICOs), where organizations raise finances by offering another advanced money. It will be a great development if other countries can be so cool with crypto currency like Japan.