Wednesday, May 14, 2014

Japan's regulation on bitcoin

It is reported that the Japanese government is considering not to control the transactions using bitcoins but just to introduce a system where bitcoin exchangers are requested to file a prior notification to the government before they do business.

Article from Mainichi

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Additional information on Jan. 26, 2018.
Since Oct. 2017, the Japanese government launched the cryptocurrency exchange regulation, making the exchange completely legal when a company obtains the license.

Resident representative is not necessary for Japanese corporations

A resident representative is no longer necessary for Japanese corporations (Note: A resident representative is still necessary for a branch ...