Size Matters: Japan Becomes Largest Bitcoin Exchange Market, Beats China and US
The size of the Japanese Bitcoin exchange market surpassed that of China and the US, overtaking two major markets to become the largest Bitcoin exchange market in the world with a $135 mln daily trading volume and over 50 percent market share. A whole variety of factors have contributed to such an exceptional growth. However, after careful consideration of major events that have occurred in 2016, the decline of the Chinese market and introduction of sound, practical regulations from the Japanese government might have had the strongest impact on the growth of the Japanese Bitcoin industry.....
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