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Japan Decides Against Bitcoin Regulation, for Now

Thursday 19th, June 2014 / 09:02

Japan’s ruling political party has announced that it is against regulating bitcoin for the time being.

The Liberal Democratic Party (LDP) made the statement as an interim measure, but the final decision will be made after hearing “more opinions” on the matter, said LDP lawmaker Takuya Hirai.

“Basically, we concluded that we will, for now, avoid a move towards legal regulation,” Hirai told Reuters.

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