On previous occasions we have seen various traditional companies join the world crypto, however it occurs at different levels, whether it be accepting payments with the same, or developing an entire ecosystem. The last point is less common, since it is similar to Pound Facebook; although this does not imply that it is the only one, given that its competition on the other side of the world you have to approve the licenses, to be LINE, with the new platform, which will be called the BitBox. The license was granted by the Financial Services Agency of Japan, which said on its website that the registration was completed on 6 September on behalf of LVC Corp., that monitors the business units of digital assets and Blockchain LINE. The president of the LINE, Takeshi Dezawa, also today released the full record on the Tokyo Stock exchange, according to a report delivered to CoinDesk Japan. The signature of messaging, said last month that aims to build a “symbolic economy” around your own chain LINK of Blockchain. Provide two tokens: LINE Point in Japan and LINK to other nations, designed to connect users and providers of services. According to report, soon to be launched five dapps decentralized in categories that include “prediction, questions and answers, product review, review food and review of location using social networks.” LINE said at the time that “aims to flatten the structure of relations between the users and providers of services to promote the co-creation and mutual growth”. However, the same people from CoinDesk Japan allege that will occur on legislative changes imminent with respect to the criptomercado, which will have an impact on the exchanges of territory. The revisions of the laws relating to the cryptocurrencies scheduled for the spring of 2020 will mean that the transactions and the trade of cryptocurrencies will be subject to the regulation of the Law on Financial Instruments and Exchange. Among these changes is the license commercial exchange of virtual currency, which indicates that the companies of encryption shall be required to register as companies, financial instruments of the first class under the new regime. We must remember that Japan was once a skeptic against the cryptocurrencies, sofocándolas to such a point that they almost were illegal and banned, causing the would have to have at least a token should be prosecuted by law. Currently, as can be seen, more accepting of the cryptocurrencies, seeking to encourage their national market. The following two tabs change content below. I am a student of economics, interested in innovation and technological development, always faithful to that tomorrow will be a better day.
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