30 Mar '17, 7am

How Japan Prepares to Recognize Bitcoin as Method of Payment on April 1

How Japan Prepares to Recognize Bitcoin as Method of Payment on April 1

In February, Bitcoin.com reported that the first Japanese bill containing digital currencies, recognizing Bitcoin as a method of payment, was expected to enter into force sometime in April. Last week, the Japanese Financial Services Agency (FSA) officially announced that the exact date for this bill to become law is April 1. Also read: Countdown: Bitcoin Will Be a Legal Method of Payment in Japan in Two Months Bitcoin Officially a Method of Payment The bill recognizes Bitcoin as a method of payment but not currency. It has “asset-like values”, explains the largest bitcoin exchange by volume, Bitflyer. They are “usable as payment to indefinite parties for the cost of purchase or rent of items or receipt of services and which can be transferred by means of electronic data processing systems”, the exchange describes, adding that: The new law defines Bitcoin and other virtual ...

Full article: https://news.bitcoin.com/japan-bitcoin-method-payment-apr...

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Japan Officially Recognizes Bitcoin as Legal Payment Method

Japan Officially Recognizes Bitcoin as Legal Pa...

btcmanager.com 01 Apr '17, 10pm

The bitcoin legalization bill is taken into full effect as of April 1, with Japan officially recognizing bitcoin as a lega...

Bitcoin in Japan: Officially Recognized in Apri...

cryptocoinsnews.com 29 Mar '17, 9am

The report highlights the example of the accounting model set upon reward point programs, commonly offered by the likes of...

Bitcoin spikes after Japan says it's a legal payment method

Bitcoin spikes after Japan says it's a legal pa...

businessinsider.de 03 Apr '17, 11am

Bitcoin trades up 2.8% at $1,133 a coin as of 7:08 a.m. ET on Monday. The cryptocurrency's gains come after Japan announce...

Japan's Bitcoin Law Goes Into Effect Tomorrow

Japan's Bitcoin Law Goes Into Effect Tomorrow

coindesk.com 31 Mar '17, 2pm

Japan is set to begin recognizing bitcoin as a legal method of payment starting tomorrow. The country's legislature passed...

Bill making cryptocurrencies legal way of payment comes into force in Japan

Bill making cryptocurrencies legal way of payme...

rt.com 01 Apr '17, 9pm

The text of the law was released by Japan’s Financial Services Agency on March, 24. Read more ​Bitcoin revolution wins ove...

via @CryptoCoinsNews

cryptocoinsnews.com 05 Apr '17, 6am

Twitter Linkedin Facebook Reddit Weibo Legislation making bitcoin and virtual currencies legal currency took effect this m...

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news.bitcoin.com 29 Mar '17, 11pm

Money, at one time, was considered real wealth and a part of one’s total wealth. It was not simply a system of accounting ...

Bitcoin regulation overhaul in Japan @Steemit #Bitcoin #Japan

Bitcoin regulation overhaul in Japan @Steemit #...

steemit.com 01 Apr '17, 5pm

Japan’s Government has long been working on a bill to amend its Banking Act, accounting for changes to the economy stemmin...

Japan Officially Recognises Bitcoin as Currency Starting April 2017

Japan Officially Recognises Bitcoin as Currency...

newsbtc.com 02 Apr '17, 8am

Bitcoin has finally gained the recognition of a mainstream currency along the lines of other fiat currencies. The privileg...

Japan recognizes bitcoin as a legal payment met...

techmeme.com 06 Apr '17, 10am

As Japan recognizes bitcoin as a legal payment method from April 2017, businesses may begin accepting bitcoin payments at ...

Japan recognizes bitcoin as a legal payment met...

cryptocoinsnews.com 06 Apr '17, 10am

Furthermore, Japan will play host to the 2020 summer Olympics, an occasion that will encourage visiting foreigners to adop...

Bitcoin Becomes Legal Payment Option in Japan, ...

coinspeaker.com 03 Apr '17, 8am

The idea of recognition Bitcoin as a mainstream currency has been realized in Japan as the country passes the law that cat...

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