What is the status of Cryptocurrency in Japan?

Japan is open to crypto use , recognizing it as a type of money and as legal property. As such, crypto and yen transactions are both managed by the country's Financial Services Agency, and citizens of the country are free to own or invest in crypto.

Does Japan trade Cryptocurrency?

Summary: Japan is witnessing a significant rise in cryptocurrency interest , backed by the country's financial regulator, the Financial Services Agency (FSA). Although its crypto market is still growing, the government is making efforts to ensure transparency, security, and investor protection.

What is the name of the Japanese cryptocurrency?

MonaCoin is a cryptocurrency that is predominantly used in Japan. Like Bitcoin, MonaCoin uses the proof-of-work operating protocol.

What is the most traded cryptocurrency in Japan?

In October 2023, Astar was the cryptocurrency with the highest spot trading volume in Japan, with around 537.6 million units traded. Bitcoin, which recorded the highest trading value in the same month, reached a trading volume of around 121 thousand units.

Is Japan a crypto friendly country?

Buy Flights to Japan with Cryptocurrency Japan has recognised Bitcoin as a legal form of payment since 2017 , making its markets a mature adopter of digital currencies. From Tokyo to Osaka, this country has a variety of crypto-friendly businesses making it a great destination for crypto travellers.

Is crypto big in Japan?

In October 2023, Bitcoin was the cryptocurrency with the highest spot trading value in Japan at almost 549 billion Japanese yen . Ethereum ranked second with a trading value of around 76 billion yen.

Is Bitcoin supported in Japan?

Thanks to their cosmopolitan diffusion, Japanese crypto enthusiasts can easily purchase Bitcoin with cash, even without a bank account . Lots of crypto ATMs support debit cards as well for a truly effortless crypto buying experience.

How many people in Japan own crypto?

Number of crypto asset accounts in Japan 2018-2023 As of the end of 2023, the number of crypto asset accounts set up in Japan reached around 8.82 million , up from 6.4 million in the previous year.

Tech Bureau Japan Launches Cryptocurrency Fundraising Medium, COMSA

Your source for NEM related News

NEM / TechBureau

by Julian · August 3, 2017

From Comsa.io

FOR IMMEDIATE PRESS RELEASE

Tech Bureau Japan Launches Cryptocurrency Fundraising Medium, “COMSA”.

Tech Bureau to create COMSA using MIJIN, Tech Bureau’s private blockchain; NEM; and Ethereum.

TOKYO – August 3, 2017 – Tech Bureau, a fintech and cryptocurrency solutions company today announced COMSA, a complete Initial Coin Offering (ICO) fundraising platform built on the NEM protocol meant for the streamlining of cryptocurrency funding. COMSA will debut its own Initial Coin Offering, which will be followed by Premium Water Holdings and CAMPFIRE, Inc.; two more ICOs slated to launch on the COMSA platform within the coming months.

COMSA aims to address current uncertainties held by the ICO process. By working as a full-fledged ICO fundraising service, COMSA will exercise a completely streamlined process of token offering, sale and distribution, and subsequently listing on an exchange on one efficient platform. Tokens raised from the COMSA token crowdsale will go towards Tech Bureau’s future expansion to broaden its reach in a rapidly growing ICO market. Additionally, Tech Bureau plans to accelerate the growth of its existing core businesses; its own cryptocurrency exchange, Zaif, and their private blockchain product, mijin. Both Zaif and mijin will be core elements of the COMSA solution.

“COMSA showcases the whole spectrum and versatility of the NEM blockchain solution and how it can help make the ICO process more transparent and streamlined,” commented Lon Wong (Lon) President, NEM.io Foundation.

COMSA will enable trustless transactions in native currencies to eliminate the need for 3rd party agencies such as escrow services. Any token issued on the COMSA platform will be able to integrate seamlessly to both the NEM and Ethereum public blockchains. Also, COMSAs solution offers service design in blockchain technology, ensuring all users understand their ICO process.

“COMSA will only create decentralized projects with proper use-cases and application to the blockchain world. Existing business entities will not need an ICO to utilize this platform. They can introduce their fundraising and blockchain technology and later build a solid business model,” commented Takao Asayama, CEO of Tech Bureau, Corp. “COMSA is a one stop shop solution for token creation and exchange.”

Information about COMSA, its committee members, and its ICO project are available in the latest website, please see the following URL: https://comsa.io/en/

COMSA Partners

Nippon Technology Venture Partners
Infoteria Corporation
FISCO Ltd.
CAICA Inc.
arara inc.

About Tech Bureau, Corp.

Tech Bureau is a FinTech and cryptocurrency company that develops software and services based on blockchain technology. Tech Bureau has developed mijin, a private blockchain software, and Zaif, a Bitcoin and cryptocurrency exchange platform. Tech Bureau currently offers consultation and contract-based software development for introducing blockchain technology.
For more Information please see http://techbureau.jp/

Mijin and Zaif are registered trademarks of Tech Bureau. All other product and company names herein may be trademarks by their registered owners.

Press contact Tech Bureau: Fujita / [email protected] / +81-6-6533-2230

About NEM.io Foundation Ltd

NEM.io Foundation is a non-profit organization based in Singapore, set up to promote NEM’s blockchain technology globally. It is currently one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry. NEM’s technology is currently being utilized in a variety of financial institutions and industries, such as Hitachi with its 150 million customer base. For more information, please visit: www.nem.io

Press contact NEM.io: [email protected] / +1-415-595-2030