bitcoin 's digital is recognising bitcoin as a payment method in the country, however, it does not acknowledge the Financial Services Agency coin as a currency. In force from Today , the new law will require bitcoin exchanges to register with the prime minister, hold a minimum of JPY10m ($ $1 Million ) in capital and develop an IT system that guards against theft and loss. In addition, exchanges must provide employee training, establish internal rules and governance, and offer guidance for outsourcing. The documents allege that Greenwood, alongside his accomplices Ruja Ignatova the ‘Crypto Queen’ and her brother Konstantin Ignatov, committed fraud on ... read more. However, accounting standards for the digital currency are still to be developed.
bitcoin 's digital is recognising bitcoin as a payment method in the country, however, it does not acknowledge the Financial Services Agency coin as a currency. In force from Today , the new law will require bitcoin exchanges to register with the prime minister, hold a minimum of JPY10m ($ $1 Million ) in capital and develop an IT system that guards against theft and loss. In addition, exchanges must provide employee training, establish internal rules and governance, and offer guidance for outsourcing. However, accounting standards for the digital currency are still to be developed.