23 Feb '16, 10pm

Japan Considers Regulating Bitcoin as Currency

Japan Considers Regulating Bitcoin as Currency

Regulators in Japan have reportedly proposed treating digital currencies like bitcoin as methods of payment, a distinction that would make them legally equivalent to conventional currencies in the country. According to a report by Nikkei , Japan’s Financial Services Agency (FSA) is considering whether to make revisions to legislation that would classify digital currencies as "fulfilling the functions of currency". "They are now recognized as objects but are not treated on a par with their more established counterparts," the report states, adding: "Under the FSA's proposed definition, virtual currencies must serve as a medium of exchange, meaning that they can be used to purchase goods and services. They must also be exchangeable for legal tender through purchases or trades with an unspecified partner." As a result of the change, financial institutions would need to registe...

Full article: http://www.coindesk.com/japan-considers-regulating-bitcoi...

Tweets

Japan Considers Regulating Bitcoin as Currency ...

thebitcoinpro.com 24 Feb '16, 4am

Japan Considers Regulating Bitcoin as Currency CoinDesk As a result of the change, financial institutions would need to re...

Japan Considers Deeming Bitcoin as a Currency

cryptocoinsnews.com 24 Feb '16, 11am

revealed that Japan’s Financial Services Agency (FSA) is considering legislative revisions that would recognize bitcoins a...

Japan Considers Regulating Virtual Currencies as Conventional Currency Equivalents

Japan Considers Regulating Virtual Currencies a...

bitcoinmagazine.com 24 Feb '16, 7pm

This post is by Krystle Vermes. Japanese legislators officially proposed handling virtual currencies as methods of payment...

Japan will Treat Bitcoin as a Conventional Currency

Japan will Treat Bitcoin as a Conventional Curr...

newsbtc.com 24 Feb '16, 6am

Japanese financial regulators have proposed the Financial Services Agency (FSA) to handle digital currencies such as bitco...

Japan planning to make bitcoin a legal currency

theguardian.com 25 Feb '16, 9am

Japan’s governing Liberal Democratic party is planning to propose legal changes that would define bitcoin and other crypto...

Japan considers making bitcoin a legal currency...

reddit.com 25 Feb '16, 10am

Good for bitcoin technology in the long run, but this much good news will kill bitcoin (exchange rate only, not technology...

Japan considers making bitcoin a legal currency

Japan considers making bitcoin a legal currency

theguardian.com 25 Feb '16, 11am

Japan’s governing Liberal Democratic party is planning to propose legal changes that would define bitcoin and other crypto...

#Japan #Considers Making Bitcoin a Legal #Currency

infowars.com 26 Feb '16, 9pm

Japan’s governing Liberal Democratic party is planning to propose legal changes that would define bitcoin and other crypto...

Japan considers making bitcoin a legal currency...

thebitcoinpro.com 25 Feb '16, 10am

Japan considers making bitcoin a legal currency The Guardian Japan’s governing Liberal Democratic party is planning to pro...

Japan considers making bitcoin a legal currency

theguardian.com 25 Feb '16, 9am

Japan’s governing Liberal Democratic party is planning to propose legal changes that would define bitcoin and other crypto...

Japan considers treating Bitcoin like real money

engadget.com 25 Feb '16, 3pm

Japan's financial services regulator is considering recognizing Bitcoin and other virtual currencies as equal to their rea...

Japan mulls over Bitcoin as a legal currency

zdnet.com 25 Feb '16, 12pm

Japan is debating changes to make the virtual currency Bitcoin legal tender, a move which could change the future of the c...

California Bankruptcy Judge Says Bitcoin is Pro...

coindesk.com 22 Feb '16, 8pm

A US district judge has ruled, for the purposes of a bankruptcy case in California, that bitcoins are a kind of intangible...

#bitcoin

#bitcoin

news.bitcoin.com 24 Feb '16, 10am

This is a watershed moment for the blockchain industry, and Microsoft is excited to be working with ConsenSys and BlockApp...