13 Japanese Exchanges Agree to Suspend Bitcoin Service on August 1

in money •  8 years ago 

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The Japan Cryptocurrency Business Association(JCBA) has officially announced its plan on how to deal with the possibility of a Bitcoin protocol split on August 1. Thirteen of the group’s bitcoin exchange members, including Coincheck, Gmo-Z, Bitbank, and Bitpoint, will suspend bitcoin deposits and withdrawals on August 1 at 00:00 Japan time.

The exchanges have collectively declared:
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"We decided to temporarily stop accepting bitcoin deposits and withdrawals at each exchange…We will stop only the services related to depositing and withdrawing bitcoins, but we will provide our other regular services for virtual currencies and legal currencies."

Thirteen Participating Bitcoin Exchanges

Currently, the following 13 bitcoin exchanges are members of the JCBA that have agreed to this plan.

Bitbank Inc.
Bitpoint Japan Co. Ltd.
Quoine Co. Ltd.
Fisco Cryptocurrency Exchange Inc.
Coincheck Co. Ltd.
Btc Box Co. Ltd.
Tech Bureau Co. Ltd. (Zaif Exchange)
GMO-Z.com Coin Co. Ltd.
Campfire Corporation
Bit Trade Co. Ltd.
Bitcrements Bitcoin Exchange
Tokyo Bitcoin Co. Ltd.
Minnano Bitcoin

Sourced at:https://news.bitcoin.com/13-japanese-exchanges-suspend-bitcoin-service-august-1/

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Imagine Bitcoin take over the dollar and this crap happened hey you can't buy your 1 month old child milk because of a fork 😂

Hahahaaa thats another disadvantage :)