Follow us on or join ours

Japan is slowly becoming a global cryptocurrency center and has over 50% of their exchange market. Many investors, for example from China, have just moved to the Japanese market considered more stable. That is why in Japan, it was decided to create own J-Coin cryptocurrency.

Cryptocurrency J-Coin

Mizuho Financial Group is a holding company from the public banking sector, which in March of the year 2019 intends to launch its own cryptocurrency based on yen. The project was started by a group of Japanese banks already in the 2017 year and announces that when it comes into force, the Japanese will have a ready ecosystem ready and will be able to pay their own daily crypto-valued J-Coin.

It will not show changes in the exchange rate and will not be on the stock exchanges. This will be the equivalent of the Japanese yen in the digital dimension (stablecoinor one to one).

J-Coin it will be operated by Tokyo and the surrounding banks and will not generate any costs of exchange and deposit, and their implementation will be immediate. Also, all transactions made by users, as well as by stores that accept the new currency, are to be free. There will also be free transfer of funds from the bank to a smartphone and vice versa, as well as sending money to another user.

Japan has already implemented many solutions related to the cryptocurrency market. Bitcoin for example, there is a legal cryptocurrency there and you can pay with it in the store as well as pay bills. The purpose of implementing the new J-Coin cryptocurrency in Japan is to promote non-cash transactions.

The J-Coin virtual currency will be served by mobile application for smartphones.

4.7 / 5 - (3 votes)

Tokeny.pl is a cryptocurrency site run by a crypto team of enthusiasts. The main area of ​​our interest are cryptocurrencies, tokens, personal tokens as well as blockchain technology. On the pages of our website we will present independent cryptocurrency reviews and interesting articles from the market. In addition, we present the current rates of all critics. The site also has a multi-functional cryptocurrency calculator as well as traditional currencies.

The information published on the cryptocurrency tokeny.pl website are not financial recommendations and do not constitute investment recommendations within the meaning of the Regulation of the Minister of Finance of 19 October 2005 on information being recommendations regarding financial instruments, their issuers or issuers (Journal of Laws of 2005, No. 206, item 1715). The information published on the pages of the portal does not constitute an offer. Tokeny.pl is not responsible for any decisions taken under the influence of data presented on the Website. Portal does not bear any responsibility for the possible use of information on the website.

Investments in OTC market instruments, including currency exchange rate (CFD) contracts, due to the use of the leverage mechanism, entail the possibility of incurring losses exceeding the value of the deposit. It is not possible to make a profit on transactions on OTC instruments, including currency exchange contracts (CFDs) without risking a loss, therefore contracts for exchange differences (CFDs) may not be suitable for all investors.

© Copyright 2019 Tokeny.pl

My Newsletter

Sign Up For Updates & Newsletters