Japan made bitcoin a legal currency – now it’s more popular than ever | CNBC Reports

Bitcoin trade in Japan accounts for about half of the global trade volume. That number has surged since the government passed a new law earlier this year, recognizing bitcoin as a legal form of currency. CNBC’s Akiko Fujita reports.


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Written by frances

Lawyer, Believer, Idea Agent, Database Wrangler, Human Casserole. I want to see your peacock.


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  1. Greetings everyone! I love you all! 🙂 Lets all celebrate the birth of Bitcoin!!$$ 🙂 🙂

  2. Japan. Always at the forefront of technology. If we learned anything as a species, it should be to recognize that Japan is probably a good model to follow when it comes to technology integration. Take notes people

  3. maybe MtGOX will be required to repay BTC accounts in BTC rather than in USD value? if it is legally currency, it should be valued in its own currency.

  4. It's another fake market. Sure you can make money on buying and selling cryptocurrencies… but others are valued in relation to btc and btc is valued to usd…

    The people making money are the ones allowing money transactions. The owners of sites or new cryptobrokers. It is a scam, a sham. People are paying for 1s and 0s online in say a new currency, (because anyone can make one). People drop money on LSK because they think it will do well and then tue early spenders who are probably the ones who invented it, wait and cash out once it takes off. They make bank. It is all bullshit. usd has become nothing more than a digital 1 and 0 too so why thin your hard earnings you exchange for hours of your life on something even more non-existent? Go buy a tiny home and run away from this dying society. Read a fantasy book.

  5. Bitcoin used to be considered an electronic currency used to purchase illegal products. Now it is considered an investment.

  6. If you think crypto currency is a scam your way to lost it can happen yes just like gold at fist or dollars yes is volátil right now is young also 9 years old its revolutionary and the best way in future finance a lot safer and faster I see it as the trains at first there where robbed but it has the faster way to make profit now we have more advanced trains and security and the same will happen to crypto currency

  7. We will have better crypto currency in future some people is working on it right now so a recommend to inform your self is becoming a esencial part of human knowledge

  8. The speculation bubble means that nobody is going to want to use their Bitcoins though. As soon as people start to use their Bitcoins the bubble will burst. The question is whether it will lose all value.

  9. My prediction is that Bitcoin may go as high as $60,000 US in 2018 -BUT, I also believe it will become such a force to recon with, it will be a major catalyst in the de-stabilizing of the entire financial system!
    Meantime everyone should look into a coin that is backed by a business model that has 10 'verticals', companies behind it using the coin as reward points for many purchases, including wholesale travel. This coin is BitQy (Bit-key) and you can see it from the inside by joining genuinely free here: You can thank me later. [:o)

  10. For cryptocurrency mining/bitcoin mining and investor and how to make good wages on your invested funds, contact me ( and i will show you how i made over $500k in 3 months and the secrets behind it.

  11. Over 9 years now and NO bubble has burst , it has only grown and grown , wake the hell up . The only bubble burst will eventually be FIAT currency , debt ridden and deflated daily .

  12. Hahaha
    It'll make a few people some cash, then like most ponzi schemes, it's fall flat on it's arse, then they'll have to come up with something else to con people out of their hard earned cash.
    Do people ever question that it takes actual CASH to buy bitcoin? That fact alone should make people wary, but there's always gonna be stupid people who buy into this shite, that's how it works..
    Japan is a failing country, and their biggest asset to date is pervy anime, that only creepy people in the west seem to be interested in.
    Don't fall for it, the Japanese sperm count is dropping for reason…LOL

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