Can Japan use digital currency

1.

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

2. In 2017, the financial department of Japan officially issued the digital currency exchange operation license to the first batch of applicants. Japan has established regulations on the supervision of digital currency dealers, and has made clear the operational guidelines for digital currency dealers
the FSA said that it would put Japan's digital currency exchange under a comprehensive regulatory framework, including monitoring the internal system of the exchange, checking the customer asset protection mechanism, and possible on-site inspection. At the same time, the FSA requires digital currency exchanges including bitcoin to implement a more stringent KYC policy than at present. Exchanges must begin to verify the identity of account users, keep transaction records, and report suspicious transactions to regulators
the conditions for the registration and establishment of Japanese digital currency dealers:
the establishment of a Japanese corporate company
leasing Japanese office
three Japanese employees are employed, one of whom is a director of a Japanese company
Japanese companies open bank to company accounts
there is a normal trading system (Japanese version is not required)
provide KYC information (specifically prepare the government information list)
the services include company registration before obtaining the license, assistance in leasing office space, assistance in recruitment of company employees, preparation of audit reports in cooperation with accounting firms, AML and KYC reports, business plans, all compliance documents to be submitted to FSA prepared with Japanese law firms, and answering all questions raised by FSA
in the process of obtaining a digital currency dealer license and in the process of future operation, traders must employ at least three employees, at least one of whom has a digital currency or bitcoin background or financial background
follow up maintenance: first, ensure the normal operation of the Japanese office and the daily work system of employees. Annual financial and audit reports should be submitted to the financial department of Japan every year. The contents of the reports are large, including the transaction details of virtual currency, the number of customers, the number of traders, the handling fees, the amount of customers' funds, etc. After obtaining the license, all the operation related expenses need to be paid by the dealer.

3. Germany, Japan, Thailand, if you want to buy, you can go to dabit exchange

4. 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

5.

With & lt; Digital currency;, People will continue to use WeChat and Alipay. The emergence of digital money will not affect WeChat and Alipay. The reasons are as follows:

first: the popularity of digital currency takes time. The

digital currency has begun to promote, but it still takes time to fully popularize it. After all, digital currency is a new way of payment, consumers need to fully accept it. Alipay is able to get users to trust and accept, and it has also been a long time. WeChat also has the user base to achieve the current popularity, but digital money has no such foundation. P>

but Alipay and WeChat do not have counterfeit software. From this point of view, at least WeChat and Alipay's security is guaranteed. Moreover, it is not easy for consumers to change their habits, especially for the same kind of things. There is no need to change them at all. In theory, digital money is just like paper money. Alipay and WeChat are only third party payment platforms, but there is not much difference as long as they can complete the payment. p>

6. Using the impulse theorem to get the kinetic energy theorem in the process of free fall, we can get the velocity V at the moment of landing, and then use the impulse theorem ft = MV

so if we need to get the impact force, we need a contact time, estimate one, and then get the impact force
you can't get the impact force under the given conditions, So we can't work out the specific value.

7. It is not sure that ripple was born in March 2013. From the beginning of its design, ripple has been incompatible with the blockchain camp led by bitcoin, because ripple is a worldwide payment network based on blockchain, through which you can transfer any currency, including US dollar, euro, RMB, Japanese yen or bitcoin. Generally speaking, Ruibo has the following three characteristics:

1. Without mining, it directly defines the issue of 100 billion xrps as the transaction cost of the payment network and the exchange standard currency

2. It is a gateway system, which can issue digital assets directly through the gateway system

3. The consensus mechanism is adopted. The accounting speed is much faster than that of bitcoin and Ethereum. The account can be transferred in 3-5 seconds.

8. 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,

9. At present, there are 11 digital currency exchanges in Japan, and another 17 are under review
Japan has developed into the largest bitcoin trading market this year, and about 50% of bitcoin transactions are concted through bitcoin / yen.

10.

According to reports, the head of the Bank of Japan's fintech Center said a few days ago that holding cash in Japan's consumer market is still king, which means that the central bank does not think it is necessary to issue a digital currency at present

the Japanese people's preference for cash can be seen from the size of their banknotes and coins, and the proportion is higher than that of any other major economy. According to a report released by the bank for International Settlements last year, the amount of real money circulating in Japan's financial market in 2016 was equivalent to 20% of Japan's total economy, which accounted for the highest proportion among major countries. Sweden has the lowest rate of 1.4%. It is reported that the Swedish central bank is considering issuing a digital currency