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Will Japan Overtake in the Cryptocurrency Race?

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Every now and then a technological revolution comes in that provides almost every country in the world an equal playing field. No matter how big or small you are, you, as a country have the advantage to leap ahead. The catalyst has been provided, and it is up to you to make it happen.

Of late, the unique opportunity available to every country is being crypto friendly and jumping on the bandwagon known as cryptocurrencies.

I was thoroughly prepared that countries like India, Russia, China and a few other nations would embrace it with open arms and try to leap ahead of the game, vis-a-vis, the United States, Canada, and Europe.

What happened? Just the opposite. In the initial stages, these countries have been anything but crypto-friendly. Especially, China and Russia.

Japan, however, surprised me. Last year (in 2017) Japan allowed cryptocurrency exchanges to be registered/licensed in Japan. Over 100+ companies are waiting to be licensed by the Japanese Financial Services Agency (FSA), whilst 16 are already operational.

Source: https://blog.faisalkhan.com/will-japan-overtake-in-the-cryptocurrency-race-8ed50a544078?source=rss—-b3ea165fec3c—4

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