Crypto News From Japan: Week in Review

Japan is a friendly jurisdiction for cryptocurrency trading and development, having eliminated the consumption tax on Bitcoin (BTC) trading in 2017, after which it recognized the coin as legal tender. This week in Japan, a crypto exchange that was hacked earlier this year has closed its doors, while the central bank has come out as bullish on blockchain technology. The Bank of Japan is keen on blockchain tech Japan’s central bank, the Bank of Japan, is bullish on blockchain technology and is purportedly unconcerned with cryptocurrencies as a source of…