Loading ...What started off as a hopeful week of broadening user adoption is ending on a sour note as Japan’s chief regulator launched a probe of crypto-exchanges, prompting the largest to halt account creation sending the entire crypto space lower...
As CNBC reports, the order from Japan’s Financial Services Agency, led bitFlyer – the largest crypto exchange in Japan — to suspend the creation of new accounts while it makes improvements to its business, especially as it pertains to its money-laundering measures.
Rest of the article @ Zerohedge.
I have always thought that cryptos was nothing more than “funny” money, but I wish I put some money in 2011, I think about $7 for Bitcoin. My brother came up one day and mentioned that someone he knows, thinks Bitcoin is a good investment, but being a hard core gold bug , I just did not believe it to be true, I thought it was just another scam. He was going to put a few thousand into BitCoin, well he did not, after our discussion. The rest is self explanatory , he would have been a multi millionaire if he did not talk to a goldbug !!
GT