While the Asian market accounts for a large part of the cryptocurrency market, not all the eastern countries have not been so receptive to the booming market. However, the situation is totally different in Japan thanks to a soft approach of the government and a much higher adoption.

Japan continues to lead the way in the East with its approach and, as such, citizens, including the self-styled Miss Bitcoin. & # 39; ;

Miss Bitcoin

Mai Fujimoto, aka Miss Bitcoin on her social media platforms, imagines an attitude that seems to be taking off from the Land of the Rising Sun. She claims how all her disposable income is deposited directly into Bitcoin.

"I converted all my disposable income into cryptocurrency," AFP told AFP. "I've been doing this for almost a year now, I'm converting all my savings into cryptocurrency instead of putting them in a bank."

Why the hype in Japan?

The attitude in places like China and even Korea regulators. There is a huge interest on the part of the citizens for these two nations, but the regulators set foot

The ban on ICOs by China, and then the exchanges, has created a huge precedent in digital currencies.

Korea has also recently begun to take action in favor of its own style of banning digital currencies, but despite this, there is still a massive interest.

Japan has also set its own precedent. From Bitcoin, in April, it was announced that Bitcoin had been accepted as legal tender, immediately showing a positive approach to the government.

Japan also greatly benefited from China's ban as many companies and investors crossed the sea of ​​Japan.

Adoption

Japan was also the pioneer in terms of adopting Bitcoin, because about six months ago, there was a boom in companies that were trying to 39 Integrate Bitcoin payment systems. Even wages are starting to be paid in part to Bitcoin. Koji Higashi, a well-known crypto-business commentator in Japan, said:

"The involvement of large corporations, the sense of security derived from the government's approval and the media exposure have really brought a new group

A good alternative

Bitcoin also arrives at a good time for savvy Japanese investors as the rates of interest. Ultra-low interest in central deflation-beating A bank that has left investors racking their heads to find returns on their liquidity.

However, some suggest that it's more hype and the mania that the wise investment

Higashi adds:

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