The talks about this appeared over a month ago though I'm still amazed that it seems almost everyone is liking cryptos too much in Japan, and the lawmakers are creating regulations suited for the use of bitcoin as a form of payment that can be audited. Also, it's not just the government who has a keen liking for the coin but also the investors which seem to be very welcoming about the new idea.
The legal clarity has given Japanese companies a green light to experiment with blockchain products. Electronics retailer Bic Camera Inc. now accepts bitcoin as payment at certain stores, while Peach Aviation Ltd. plans to begin accepting it to book flights later this year. In finance, SBI Holdings Inc. last month began using a blockchain for currency remittance, while Sumitomo Mitsui Financial Group Inc. joined a consortium of companies that plan to use the technology for settlements.
Though one thing, if the coins that was set into a bond lose value over time, I wonder how would they pay the debt or do they also take into account the value of 1 bitcoin after the deal was sealed?
