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What can you buy with Bitcoin in Japan? (Can Bitcoin be used for payment in Japan?)

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What can you buy with Bitcoin in Japan? According to Coinpost reports, what can

What can you buy with Bitcoin in Japan? (Can Bitcoin be used for payment in Japan?)

What can you buy with Bitcoin in Japan? According to Coinpost reports, what can you buy with Bitcoin in Japan? According to the official website announcement, there are several ways to purchase cryptocurrencies: registering an account online through Alipay, using virtual currency for payment, and more. Currently, the available trading pairs are BTC/JPY and ETH/Japan.

In addition, various services and goods can be purchased with Bitcoin. These include:

On February 10th, Bitbank will provide customers with 10,000 Bitcoin fiat exchange vouchers. On March 9th, Bitbank will open 30 days of fiat exchange vouchers for customers. On April 7th, Bitbank will launch the product in mid-May and start accepting pre-orders in June. Within 6 months, Bitcoin can be automatically converted into legal tender.

Can Bitcoin be used for payment in Japan?

Can Bitcoin be used for payment in Japan now? The cryptocurrency exchange Coincheck in Japan recently issued an announcement stating that they will support Bitcoin as a means of transaction. CoinCheck stated in the press release, “We hope to allow customers to use BTC for daily purchases and settlements, providing convenience.” Previously, on May 23rd of this year, the Financial Services Agency (FSA) in Japan ordered all virtual asset service providers to cease operations within the country, including the sale, possession, and disposal of digital tokens through over-the-counter trading platforms. It is still unclear whether this is due to a cryptocurrency mining ban or regulations imposed by the Japanese government. (cointelegraphcn)

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