Japan's regulation authority is planning to put bitcoin exchanges under surveillance. I think this is a good move and could become an example for other countries on how to regulate exchanges instead of banning them. Based on the article it is also mentioned that 5 companies applied for exchange have pulled back their application citing not able to meet requirements. Which is a good thing to shed out small, unreliable exchanges and allow for more responsible & committed participants
https://news.bitcoin.com/japans-financial-authority-surveillance-bitcoin-exchanges/
https://news.bitcoin.com/japans-financial-authority-surveillance-bitcoin-exchanges/
Well at the very least, japan is open to the idea of having btc usage widely implimented there. No bans, just a couple of regulations which, if you think about it, is necessary to avoid some negative aspects of crypro to be taken advantage of