Can going overseas really be reliable?

This article will introduce the regulatory policies of the Japanese blockchain industry from several aspects: the development of the blockchain industry in Japan, the legal status and tax policies of digital currencies, the licensing system and self-regulatory organizations for digital currency exchanges, the rules and guidelines for digital currency issuance and financing (ICO/IEO), and the Japanese government's support and outlook for blockchain technology.

From the perspectives of geographical environment, business, and policy factors, which regions are more suitable for Chinese miners to go abroad?

Many miners told reporters that it is too early to talk about "going overseas," as the conference has just been held and most miners are still in a wait-and-see mode, looking forward to more detailed policies being introduced.

"The U.S. market can be said to be the easiest market for the cryptocurrency industry, with regulations and detailed policies in place, making it not difficult for exchanges to operate step by step within this framework," said Fu Shengfang, former CEO of Huobi U.S. and current Executive Director of Distributed Capital, to Chain Catcher. However, even so, the three major exchanges with domestic backgrounds—Huobi, Binance, and OKEx—have still been unable to make breakthroughs in the important U.S. market and have experienced various challenges to different extents.