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Is it true that there will be new virtual currency exchange service in Japan?

8 like 3 dislike
asked May 9 by klo (2,410 points)

1 Answer

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answered May 9 by John1 (3,560 points)

Yes, it is. Coin (formerly known as GMO Wallet), a part of GMO Internet Inc. , will start offering virtual currency FX services from May 24, 2017.

commented May 9 by klo (2,410 points)
Why they decided for move like this?
commented May 9 by John1 (3,560 points)
It is because there is the rising trading volume of bitcoin and also there is  the new Japanese regulations for the virtual currencies (including favourable tax treatment).

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