Published on November 13th, 2017 | by bitcoin0
Japan Teaches a Lesson in Cryptocurrency
For governments tasked with regulating every new thing that comes along, be it the motor car or the internet, bitcoin presents a conundrum.
While many western governments have reached for the button marked “Fear”, Japan has taken the reverse approach.
Meanwhile, many western governments have dithered over cryptocurrency regulation.
Japan is a tech-savvy nation whose elected officials have a better appreciation of the transformative power of emerging technologies than most.
Thumbs Down From Down Under
“Australia follows Japan in move to regulate bitcoin” ran the headline in the Financial Times.