apan’s relationship with Bitcoin has been going on for longer than we can remember, yet it was only one month ago, when the Japanese Government stated that they would begin recognizing Bitcoin as a legal payment method, on the 1st of April, 2017.
This has led to an increase in the value of the bitcoin price, alongside with more interest in the Japanese bitcoin market, by companies operating throughout the Nippon country. With this in mind, recent reports indicate that over 10 Japanese companies are currently planning, or launching their very own bitcoin and digital currency exchanges. This would help cover the continuously growing demand for the digital currency, while also making trading a bit cheaper in the country, which is great news for the Japanese Bitcoin community.