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future of its underlying technology, but the recent support appears to have come from Japan. It’s the first bit of good news for bitcoin in quite some time. , articleSection Cryptocurrency News, wordCount 720, mainEntity httpscointelegraph. according to the Japan Times. The cryptocurrency’s gains come after Japan announced on Friday that bitcoin would be accepted as a legal payment method beginning on April 1, 2017. The regulators also said they would exercise stricter oversight of online exchanges. Cryptocurrency traders in Japan currently can be taxed as high as 55% on their profits. The head of one of Japan’s largest bitcoin exchanges looks back at 2017, a year he believes the country became a true market leader for the industry.
Paying With Bitcoin at Bic Camera in Tokyo – YouTube
The regulators also said they would exercise stricter oversight of online exchanges. Once you locate a seller, you meet up in-person and conduct the trade. hard fork that would split the currency in two. Exchanges happen almost instantly because Changelly never actually controls your tokens but just exchanges them. This convenience makes small purchases quick and easy. œThe FSA punishing operators, the BIS report and the Bithumb hack are all affecting sentiment. Even my wifes mother was asking questions about Bitcoin. You are about to make an account for bitFlyers Japanese region.