: Survey Shows 50% of Miners Expect a Price Increase Japan 's Financial Services Agency is recognising bitcoin as a payment method in the future , however , it does not acknowledge the digital coin as a currency . In force from 1 April , the new law will require bitcoin exchanges to register with the prime minister , hold a minimum of [UNK] m ( $ 90,000 ) in capital and develop an IT system that guards against theft and loss . In addition , exchanges will provide employee training , establish internal rules and governance , and offer guidance for outsourcing . However , technical standards for the digital currency are still to be developed .
Japan 's Financial Services Agency is recognising bitcoin as a payment method in the future , however , it does not acknowledge the digital coin as a currency . In force from 1 April , the new law will require bitcoin exchanges to register with the prime minister , hold a minimum of [UNK] m ( $ 90,000 ) in capital and develop an IT system that guards against theft and loss . In addition , exchanges will provide employee training , establish internal rules and governance , and offer guidance for outsourcing . However , technical standards for the digital currency are still to be developed .