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Title: [2016-02-25]Japan mulls over Bitcoin as a legal currency Post by: Blawpaw on February 25, 2016, 08:04:52 PM Japan mulls over Bitcoin as a legal currency
Japan is debating changes to make the virtual currency Bitcoin legal tender, a move which could change the future of the cryptocurrency in the country. The country's current governors, the Liberal Democratic party, is planning to propose changes to the legal system which would define virtual currency such as Bitcoin, Dogecoin and Litecoin as official tender... continue to read (http://www.zdnet.com/article/japan-mulls-over-bitcoin-as-a-legal-currency/#ftag=RSSbaffb68) Title: Re: [2016-02-25]Japan mulls over Bitcoin as a legal currency Post by: aso118 on February 27, 2016, 03:40:28 AM Japan mulls over Bitcoin as a legal currency Japan is debating changes to make the virtual currency Bitcoin legal tender, a move which could change the future of the cryptocurrency in the country. The country's current governors, the Liberal Democratic party, is planning to propose changes to the legal system which would define virtual currency such as Bitcoin, Dogecoin and Litecoin as official tender... continue to read (http://www.zdnet.com/article/japan-mulls-over-bitcoin-as-a-legal-currency/#ftag=RSSbaffb68) I am surprised by this. Is any other currency of the world (perhaps the US dollar) accepted as legal tender in Japan? Most countries are reluctant to allow currencies other than their own sovereign currency as legal tender. |