2018-6-14 10:57 |
As China cracked down on crypto exchanges and South Korea threatened to do the same, Japan stood out as a crypto-friendly nation.
In 2017, Japan declared Bitcoin to be a legal form of payment and now has 16 licensed cryptocurrency exchanges.
I would walk through Shibuya and pass a billboard with a model posing seductively with a huge Bitcoin, as well as stores announcing that they accepted Bitcoin and Ether.
As of March, Japan may have had over three million crypto traders, mostly in their 20s, 30s and 40s.
“There are 16 licensed exchanges in Japan now, but it seems none of them are allowed to sell ICOs,” he said.