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Earlier this week, Cointelegraph reported that the Japanese Bitcoin exchange market surpassed the US to become the world’s largest exchange market by daily trading volume.
More than 5,000 retail stores and establishments in Japan may halt accepting Bitcoin payments by Aug. 1.
Japanese Bitcoin exchanges and companies line up to secure smooth operation irrelevant of August 1, when a scenario of Bitcoin forking, or breaking into two separate chains, is possible if no enough parties agree to signal for BIP148.
The size of the Japanese Bitcoin exchange market surpassed that of China and the US, overtaking two major markets to become the largest Bitcoin exchange market in the world.
Japan's leading banking groups are pouring money into the country’s largest Bitcoin exchange, BitFlyer, The experiment they are about to perform means a lot for the global financial services market.
The stage seems set for Bitcoin trading to soar in Japan with a multiplier effect on the entire ecosystem.
A recent Visa report indicates that the major international credit card firm is planning to research blockchain; LocalBitcoins and BitQuick are withdrawing their services from NY in response to the BitLicense, and more news
BitFlyer has launched Japan’s first “Post Mt. Gox” exchange in April of 2014, now it launches a crowdfunding platform called FundFlyer.
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