Japan Cryptocurrency Regulation a lesson to Western Governments .
Bitcoin is a phenomenon that provokes conflicting emotions in people. Fear. Excitement. Elation. Doubt. For governments tasked with regulating every new thing that comes along, be it the motor car or the internet, bitcoin presents a conundrum. How to regulate such a seemingly unregulatable creation? While many western governments have reached for the button marked “Fear”, Japan has taken the reverse approach.
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With the Japanese government heavily in debt, securing another Yen alternative in a digital form makes sense.
of course yes they are using the opportunity now .