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Bitcoin is growing, recommendations for G20, the project of payments from Moon

04/24/2019
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Bitcoin has set a five-month maximum, the Japanese authorities are ready to share their experience with the G20. Thanks to Moon, you can pay for purchases at Amazon using Bitcoin.

Bitcoin rose to $ 5,500

The Bitcoin rate was able to break through the key resistance level of $ 5,400 and go up to $ 5,500. At the same time, the total capitalization of the asset amounted to $ 96.9 billion, while the share among all digital financial assets rose to 53.2%. The total turnover of Bitcoin on the trading floors was close to 16.2 billion dollars, which is 4 times lower than in early April.

Observers point out that it is Bitcoin that remains the most attractive financial tool among cryptocurrencies. Its share in the total capitalization is growing; from the beginning of the month it added 2.1%. They see the reason for this phenomenon in the stability of this asset and its capabilities as an investment instrument.

Bitcoin rose to $ 5,500

Japanese recommendations for the G20

The Japanese authorities have their own recommendations for regulating the cryptocurrency market for the G20. The country was one of the first to legalize the circulation of digital financial assets, which allowed it to gain a great deal of practical experience. At the June summit of the G-20, a discussion will be held on measures to create a consolidated control system on a global scale.

The paper from Japanese experts focuses on cybersecurity. Last year alone, two of the country's marketplaces, Coincheck and Zaif, were hacked. The fight against such crises has allowed to accumulate a sufficient amount of information. Now in Japan, there are 19 cryptocurrency exchanges, united in a self-regulating organization. Even in the FSA is at least a hundred applications from companies wishing to do this business.

Japanese recommendations for the G20

Lightning Network and Amazon

Now the owners of Bitcoin can pay through it for a purchase on Amazon. Such an opportunity they create a company Moon, which is engaged in processing cryptocurrency payments. Its extension for the Chrome internet browser creates a QR code, it allows you to make a purchase. And the seller receives fiat money into his account. He may not even be aware of exactly how the calculation was made.

In Moon they note that the retailer did not participate in the launch of this project. The company itself has developed software and found partner financial institutions. Now its plans have to scale this opportunity for any online store. The concept allows real-time conversion of Bitcoin to fiat money, which allows you to instantly pay for your purchase.

Lightning Network and Amazon

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