Cryptocurrency Q&A
Can you buy crypto in Japan?
Can you buy crypto in Japan?
DreamlitGlory
Fri Jun 07 2024
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7 answers
1733
I'm curious, could you possibly enlighten me on a matter? It's something that's been piquing my interest lately. Here goes: is it actually feasible to purchase cryptocurrency in Japan? I've heard rumors about its legality and availability in the country, but I'm still a bit hazy on the specifics. Could you please clarify the situation for me? Are there any specific exchanges or platforms that cater to this? And, more importantly, are there any legal restrictions or regulations that one should be aware of? I'd really appreciate it if you could shed some light on this matter for me.
7 answers
amelia_miller_designer
Sun Jun 09 2024
In Japan, Bitcoin can be bought, sold, and traded freely, akin to any other asset class.
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Davide
Sun Jun 09 2024
This legal status has significantly contributed to the growth of the cryptocurrency ecosystem in Japan.
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EnchantedNebula
Sun Jun 09 2024
Exchange platforms, wallet providers, and other related businesses have flourished, offering a range of services to cater to the increasing demand.
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Andrea
Sun Jun 09 2024
Since 2017, the Japanese government has officially recognized Bitcoin and other cryptocurrencies as legitimate forms of property.
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mia_clark_teacher
Sun Jun 09 2024
This recognition grants individuals, regardless of their residency status, the right to engage in Bitcoin transactions.
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