Cryptocurrency Q&A Is Bitcoin illegal in Japan?

Is Bitcoin illegal in Japan?

CryptoQueenBee CryptoQueenBee Thu Dec 26 2024 | 7 answers 1094
I'm considering investing in Bitcoin, but I'm not sure about its legality in Japan. I've heard mixed opinions on this topic and would like to know if Bitcoin is considered illegal in Japan before making any decisions. Is Bitcoin illegal in Japan?

7 answers

Elena Elena Sat Dec 28 2024
According to the Payment Services Act, crypto-assets are recognized as a form of payment.

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InfinityVoyager InfinityVoyager Sat Dec 28 2024
Cryptocurrency holds a unique legal status in Japan.

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HallyuHeroLegendaryStar HallyuHeroLegendaryStar Sat Dec 28 2024
The country has acknowledged the legitimacy of cryptocurrencies.

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Nicola Nicola Fri Dec 27 2024
Investors in Japan are free to invest in cryptocurrencies without legal repercussions.

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Martino Martino Fri Dec 27 2024
These assets are not denominated in fiat currency.

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