Why does Japan support Bitcoin

Why does Japan support Bitcoin

Why does Japan support Bitcoin? According to Bitcoin, the Japanese government recently announced an “open attitude” towards Bitcoin. Under this policy, many companies and businesses accept Bitcoin as their primary payment method. However, because Japanese laws and regulations do not allow the use of Cryptocurrency for transactions or storage of capital sources, it is impossible to provide relevant services to customers. In order to further support this plan, the Financial Services Agency of Japan (FSA) said that it has established a working group to review the risks of Bitcoin and solve problems, which is composed of some well-known institutions

Do Japanese people play Bitcoin

The transaction volume and price of Bitcoin in Japan are very high, but how do they play BTC Firstly, when asked why they want to purchase Bitcoin, many people will say that it is an investment method If we focus on the virtual currency market in Japan (such as the United States), then some “Chinese players” have begun to emerge in this field. Of course, these countries also have a variety of play methods, such as Alipay and other APP, WeChat Pay and so on However, many domestic exchanges have launched their own crypto asset platforms or directly issued their own digital tokens based on this feature, and such projects are still launched on top centralized trading websites in the United States So now many foreign institutions choose to use compliant channels of overseas platforms for encryption business in order to facilitate users’ use of Bitcoin Actually, for most investors, the current news is not particularly good, let alone buying! Because in such an environment, everyone lacks confidence in their own financial security, and even the principal has not been preserved. (Most friends may have doubts)

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