Sentences with phrase «as a legal method of payment»

Japan is set to begin recognizing bitcoin as a legal method of payment starting tomorrow.

Since the revised payment services law went into effect in April of last year, Japan has recognized cryptocurrencies as a legal method of payment.

Japan has been more accepting of the cryptocurrency, as the country began accepting bitcoin as a legal method of payment on April 1.

Japan is set to begin recognizing bitcoin as a legal method of payment starting tomorrow.

Bitcoin adoption in Japan is gaining huge momentum as the Japanese government will soon be writing Bitcoin as a legal method of payment into law.

Bitcoin became in Japan perceived as a legal method of payment on April 1, 2017.

As a Japanese Cabinet - signed law recognizing virtual currencies like bitcoin as a legal method of payment goes into effect on April 1,...

In Japan, about 4,500 stores already accept bitcoin as payment, after the Japanese Diet allowed the use of bitcoin and other digital currencies as a legal method of payment.

The deal, also thought to be the first of its kind in the country, followed legislation in April that effectively recognized bitcoin as a legal method of payment in the country.

Hirano acknowledged the growing awareness and adoption of digital currencies like Bitcoin in Japan, soon after its classification as a legal method of payment earlier this year.

Most notably, Japan which has recently passed a law to recognize Bitcoin as a legal method of payment pushing the popularity of Bitcoin and its trading volumes to new levels within the

Last year, Japan revised its Payment Services Act to legally define Bitcoin and other cryptocurrencies as a legal method of payment, which makes it legal to use cryptocurrencies for payment purposes.

After regulating digital currency exchanges in the country last year, the Japanese Diet has signed a landmark bill that will allow the use of digital currencies like bitcoin as a legal method of payment.

Japan this year began enforcing a law that recognizes bitcoin as a legal method of payment, and overseeing cryptocurrency exchanges — effectively providing clarity and support to local entrepreneurs.

In March of 2017, Japan officially recognized Bitcoin as a legal method of payment; In September of 2017, Japan officially licensed and registered 11 Bitcoin exchanges, with additional exchanges being added since then; In December of 2017, Belarus officially recognized and legalized Bitcoin, as well as ICOs, cryptocurrency mining, and cryptocurrencies in general.

Since April 1, when the Japanese government started recognizing bitcoin as a legal method of payment, a slew of Japanese companies have started considering accepting bitcoin.

At the time, the Japanese government had just legalized bitcoin as a legal method of payment.

The unnamed new entity is set to launch April 1, the Nikkei reports, a year to the day after Japan's revised Payment Services Act — which recognizes bitcoin as a legal method of payment — kicked in.

In April, Japan passed a new law recognizing bitcoin as a legal method of payment.

Earlier this year, Japan became one of the first countries to officially recognize cryptocurrency as a legal method of payment.

Japan's Financial Services Agency (FSA) has issued its first warning under the country's revised payment services law — which recognizes bitcoin as a legal method of payment — to Macau - based Blockchain Laboratory, an unregistered firm reportedly pursuing investors in the country.

A good thing to know: Japan is among the earliest countries in the world to recognize and acknowledge bitcoin as a legal method of payment, following legislation that kicked in earlier this year.