The second largest bitcoin exchange in china announced earlier today they are gonna shut down at the 30th of september.
the closure of the btcc china will be a surprise to the industry .
Japan based exchangers in the other hand is taking advantage of the situation as a lot of traders from china immigrates to japan based exchanger such a coincheck and bitflyer.
cointelegraph can see the price of bitcoin heading down to 3000usd
Japan saw the potential and took advantage of the opportunity, Why not?