One of Japan’s Largest Budget Airlines Begin to Accept Bitcoin, Rise of Japanese Market

Apart from being the third largest bitcoin exchange market, Japan has one of the most active bitcoin communities in the world that is optimistic about bitcoin as digital cash and currency, instead of digital gold.

On May 22, Peach Aviation, one of Japan’s most popular and largest budget airlines, solidified bitcoin’s image in Japan by accepting bitcoin payments for flight bookings.

According to Bloomberg, Peach Aviation is set to become the first Japanese airline to accept bitcoin payments for airline tickets for both domestic and international flights. Peach CEO Shinichi Inoue stated that the integration of bitcoin is an important part of a larger vision of the company to attract more tourists in Asia.