EcoCoins recently posted an interesting update indicating that Japan may soon be recognizing Bitcoin as a legal payment method. The Philippines recently did this on an official basis and Bitcoin is already legal in most countries in the world. Users of Bitcoin hope that these developments won’t destroy the privacy associated with doing business in Bitcoin. However, no one wants Bitcoin to become the preferred means of moving funds among terrorist and other similarly repugnant organizations. Here is the text of the EcoCoins blog entry:
Bitcoin is already legal in the vast majority of countries around the world. However, only a few governments have recognized the legal status of bitcoin in a particular regulatory manner. Worldwide society demands the balance between privacy of Bitcoin and regulations to prevent financing of illegal operations and terrorism in particular. Philippines recently agreed bitcoin as a legal remittance method. It can be used within the country to move money from one place to another. As a result, Know Your Customer (KYC) and Anti-Money Laundering (AML) policies for bitcoin exchanges, and service providers tightened in the Philippines.
On December 17, local publications including the Japan Times revealed that the country’s Financial System Council proposed a bill which called for the recognition of bitcoin as a legal payment method and requires bitcoin exchanges to register with the country’s financial regulator the Financial Services Agency. Starts from April 1st, 2017 Bitcoin is a legal payment method, not a currency.
According to a Fuji Chimera Research Institute study, roughly $1.7 billion of crypto-currency was in circulation throughout Japan in 2015, and this number is expected to increase to nearly $9 billion by 2020, prompting the accommodative regulatory measure.
It is great news for companies, who plan or already has started their movement in direction of Bitcoin acquiring and crypto-commerce. EcoCoins team would work hard next 6 month to evaluate the level of crypto-acquiring’s attractiveness from business point of view.
Richmond Berks Investor Buys Car with Earnings.
Richmond Berks always has news to report. A recent release is a young man’s story of how he was able to earn enough from Richmond Berks in order to buy a new BMW after only three months investment time. He is extremely active in the Richmond Berks affiliate program and obviously has been a great success. A small part of his story is reproduced below. For the complete edition, please go to the Richmond Berks website. There are even a number of videos by this successful young man that you can watch.
Hello everyone! My name is George, I’m from Latvia and I’m 23. And today I want to tell you my little story – how thanks to the Richmond Berks company I bought the car I dreamed of!
You know, I think that each of you has a dream! Of course with age, they are all different, but do you know that with the company Richmond Berks LTD, you can make your dreams come true. Still literally 3 months ago I worked on normal work and looked for any opportunities for earning. I saw how successful people pass by me on beautiful cars, I believed that there is another life and it exists. Exactly 3 months ago I found the company Richmond Berks LTD, and today 17.03.2017 I bought myself BMW 320D exactly the color and model that I dreamed of. You think this is a joke? Watch the video
