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Topic: [2016-05-25]Japan’s Diet Introduces Bill to Regulate Bitcoin Exchanges (Read 221 times)

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Japan’s Diet Introduces Bill to Regulate Bitcoin Exchanges

Japan will soon have new regulations governing the Bitcoin industry as the Japanese parliament. Diet, the country’s bicameral legislature, approved a bill on regulation of virtual currency exchanges. The bill calls for a revision of the existing fund settlement laws originally designed for fiat currencies to accommodate Bitcoin and other digital currencies. By doing so, the government intends to offer better protection to digital currency users in the country...

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