Japan’s House of Representatives has passed a new cryptocurrency bill with additional requests for the government to incorporate into law. News.Bitcoin.com talked to Japan’s top financial regulator to find out the implications of this bill and the proposed resolution.
Japan’s New Crypto Bill Passes House
A new cryptocurrency bill officially passed Japan’s House of Representatives, the lower house of the National Diet, on May 21. It was subsequently accepted by the House of Councillors, the upper house of the Diet, the following day. According to the Japanese government’s website, there were many opinions on the bill.