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China Regional Organization News: With the "virtual Act "(Virtual Currencies Act) passed, from 2017 From Recognize Bitcoin as a legal payment method. The country also passed legislation to exempt from the purchase of Bitcoin : You can press (or exchange) the currency of the phase Type to buy Bitcoin, will not lead to sales tax. Japan has developed and implemented a series of regulations for Bitcoal trading institutions requiring it to hold at least 10 million yen of capital as And need to prove that there is a strong enough security and identity mechanism. In 2014, MTJGOX, the world's largest trader in Bitcoin, Tokyo, Japan , It is gratifying that, followed by these restrictions have been introduced. Japan expressly stated that The purpose of holding or buying and selling Bitcoin is required to pay capital The Japan strives to be one of the leading money markets. At present, nearly 4,500 Japanese stores have received special currency to pay, with the law changes, this process is expected to accelerate. For more information, please click here The Proofreading China regional organization April 11, 2015 15:15 release, reproduced please specify the source and author. Original link: