=The Japanese Financial Services Agency has recently published a document clarifying its financial administrative policies, including its policy on cryptocurrencies and initial coin offerings (ICOs).
Source: Japanese Financial Authority Clarifies Policy on Cryptocurrencies and ICOs – Bitcoin News
The Japanese government’s legalization of bitcoin as a currency has led to a surge in mainstream adoption in the country.
Source: Japan’s Legalization of Bitcoin Led to Surge in Mainstream Adoption
With more restriction in China and South Korea, Japan seems to embrace the digital currencies.
Nw regulations in Japan that will make Bitcoin a legal form of payment may do more harm than good for the fledgling industry in the country.
Source: Japan’s New Bitcoin Law Could Do More Damage Than NY BitLicense
The latest bills on virtual currencies recognize them as asset-like values that can be used in making payments and be transferred digitally.
The latest bills on virtual currencies recognize them as asset-like values that can be used in making payments and be transferred digitally.
Source: Japan OKs recognizing virtual currencies as similar to real money | The Japan Times