Ledger Nano S

Ledger Nano S - The secure hardware wallet

Monday, April 24, 2017

Bitcoin Price Breaks $1,215 Due to Rapid Mainstream Adoption in Japan

Bitcoin Price Breaks $1,215 Due to Rapid Mainstream Adoption in Japan

Over the past two days, Bitcoin price stabilized at $1,215 primarily due to the increasing adoption of Bitcoin in Japan.

On April 1, the Bitcoin legalization billdraftedby the Japanese government’s Financial System Council was taken into full effect, officially recognizing Bitcoin as a legal payment method. As a result,businesses began to integrate Bitcoin paymentsand offer the digital currency as an option to consumers.

Most notably, one of Japan’s largest electronics retailer chain Bic Camera announced its partnership with leading Bitcoin exchange bitFlyer to allow their customers nationwide to purchase electronics in Bitcoin.

Bic Camera’s acceptance of Bitcoin and generally positive media coverage on the digital currency spurred the demand for Bitcoin amongst traders and investors. This rising demand for Bitcoin pushed the Japanese exchange volume further, establishing Japan as the most dominant Bitcoin exchange market as of current.

Full story at http://bit.ly/2ovqw82

Tweet This Story

 

 

 

Donation:
If you appreciate the things I share,
consider making a contribution no matter
how small via PayPal. If you use Bitcoin you can
send donations to my Bitcoin Wallet:
12pAsyMdZoTHPvkiRAZiuQhC8bF4DLbYpQ

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Copy and paste this code into your pages.