🇯🇵 Japan Sets the Standard: Bitcoin Officially Recognized as Legal Payment! 💥
Japan has once again proven itself as a global innovation leader by becoming the first major economy to officially recognize Bitcoin as a legal means of payment. This historic move dates back to April 2017, following the collapse of Mt. Gox, which prompted Japan to introduce clear crypto regulations under the Payment Services Act. These included AML and KYC requirements and mandatory registration for crypto exchanges with the Financial Services Agency (FSA). Japan’s proactive stance helped boost global trust in digital currencies, offering a model for safe and transparent adoption. A true milestone for mainstream crypto acceptance!
