Japan considers making bitcoin a legal currency
by Richard Smart in Tokyo from Technology | The Guardian on (#153C4)
Proposed changes would bring bitcoin, dogecoin and other cryptocurrencies under definition of currency
Japan's governing Liberal Democratic party is planning to propose legal changes that would define bitcoin and other cryptocurrencies as currencies.
The changes would mean bitcoin could be more tightly regulated and taxed, and are likely to lead to more investment in developing cryptocurrency infrastructure in Japan.
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