Author

Topic: [2016-03-04] Cabinet of Japan Greenlights Bitcoin As Payment Method (Read 363 times)

legendary
Activity: 1540
Merit: 1000
Wohoo! Big news! It's nice to see a country that's actually on top of things.
legendary
Activity: 1442
Merit: 1016
That's a big step forward for Japan after all the Gox drama.
Great to see the country of the rising sun is heading into the right direction. Smiley
member
Activity: 78
Merit: 10
Bitcoin puts on many different hats, depending on which country it is related to. Some states see Bitcoin as a currency, others as a commodity, and most regions don’t even recognize Bitcoin at all. Things are moving in the direction of recognizing this disruptive technology as a currency with similar traits to fiat currency, though. A new set of bills has been approved by the Cabinet of Japan to recognize virtual currencies as a tool with similar functions to government-issued money.

http://www.newsbtc.com/2016/03/04/cabinet-of-japan-greenlights-bitcoin-as-payment-method/
Jump to: