News, Americas, Special Report

[Astertnen]

2. Japan: One of the top ten strong economies of the world has been friendly with cryptocurrencies since June 2014. The Japanese Financial Services Agency declared that Japan should be the first. The safest in the world for the use of cryptocurrencies. Japanese Authority of Digital Assets (JADA) even formulated "Code of Conduct" format for Cryptocurrency only platforms. 3. The United States of America: States like New York have created "BitLicense" for the use of Cryptocurrency-Bitcoin. Issued by the "New York State Department of Financial Services (NYSDFS)" it is used as the business license of altcoins. With many guidelines and rules, it is currently limited to New York and for residents of NY. States like Texas and the 5th most populous state Illinois have allowed free trading of cryptocurrencies and do not levy any tax or any regulations under money transmission regulations. 4. Australia: With a robust economy of USD2.564 trillion, the Australian Government has made use of Cryptocurrency legal.




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