{"id":215,"date":"2014-06-19T09:47:00","date_gmt":"2014-06-19T09:47:00","guid":{"rendered":"http:\/\/blog.holytransaction.com\/japan-wont-regulate-bitcoin\/"},"modified":"2021-10-03T17:09:32","modified_gmt":"2021-10-03T15:09:32","slug":"japan-wont-regulate-bitcoin","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2014\/06\/japan-wont-regulate-bitcoin.html","title":{"rendered":"Japan’s ruling party says won’t regulate bitcoin for now"},"content":{"rendered":"
<\/div>\n\n\n\n\n
\"A<\/td>\n<\/tr>\n
A man walks past a building where Mt. Gox, a
\ndigital marketplace operator, is housed in Tokyo February 25, 2014.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
<\/div>\n
<\/div>\n
Japan’s leading Liberal Democratic Party said it decided against regulating bitcoin for the time being, after the collapse of Tokyo-based bitcoin<\/a> exchange Mt.Gox prompted them to consider more scrutiny of the virtual currency.<\/div>\n
<\/div>\n
Mt.Gox, once the world’s biggest bitcoin exchange, filed for bankruptcy<\/a> in February after saying hackers stole 750,000 bitcoins belonging to its customers.<\/div>\n
<\/div>\n
“Basically, we concluded that we will, for now, avoid a move towards legal regulation,<\/em>” Takuya Hirai, an LDP lawmaker who leads the party’s internet media division, said on Thursday, adding that a final decision would be made after hearing more opinions on the subject<\/div>\n
<\/div>\n
The use of electronic currencies<\/a> has drawn the attention of governments around the world who are unsure whether, and how, to regulate them. U.S. agencies ranging from the New York bank regulator to the Commodity<\/a> Futures<\/a> Trading Commission have also been looking into possible regulation.<\/div>\n
<\/div>\n
A task force of U.S. state regulators is also working on the first bitcoin rulebook, hoping to protect users of virtual currency from fraud without smothering the fledgling technology.<\/div>\n

Open your free digital wallet here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n","protected":false},"excerpt":{"rendered":"

A man walks past a building where Mt. Gox, a digital marketplace operator, is housed in Tokyo February 25, 2014. Japan’s leading Liberal Democratic Party said it decided against regulating bitcoin for the time being, after the collapse of Tokyo-based bitcoin exchange Mt.Gox prompted them to consider more scrutiny of the virtual currency. Mt.Gox, once […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,76,376,542],"tags":[764,1042,1201],"yoast_head":"\nJapan's ruling party says won't regulate bitcoin for now -<\/title>\n<meta name=\"description\" content=\"After the collapse of Tokyo-based bitcoin exchange Mt.Gox, Japan's leading Liberal Democratic Party decided against regulating bitcoin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holytransaction.com\/blog\/2014\/06\/japan-wont-regulate-bitcoin.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Japan's ruling party says won't regulate bitcoin for now\" \/>\n<meta property=\"og:description\" content=\"After the collapse of Tokyo-based bitcoin exchange Mt.Gox, Japan's leading Liberal Democratic Party decided against regulating bitcoin.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/holytransaction.com\/blog\/2014\/06\/japan-wont-regulate-bitcoin.html\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/holytransaction\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/holytransaction\" \/>\n<meta property=\"article:published_time\" content=\"2014-06-19T09:47:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-03T15:09:32+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/s3.reutersmedia.net\/resources\/r\/?m=02&d=20140619&t=2&i=909757697&w=580&fh=&fw=&ll=&pl=&r=LYNXMPEA5I09O\" \/>\n<meta name=\"author\" content=\"Satoshi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/holytransaction\" \/>\n<meta name=\"twitter:site\" content=\"@holytransaction\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Satoshi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/holytransaction.com\/blog\/2014\/06\/japan-wont-regulate-bitcoin.html\",\"url\":\"https:\/\/holytransaction.com\/blog\/2014\/06\/japan-wont-regulate-bitcoin.html\",\"name\":\"Japan's ruling party says won't regulate bitcoin for now -\",\"isPartOf\":{\"@id\":\"https:\/\/holytransaction.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/holytransaction.com\/blog\/2014\/06\/japan-wont-regulate-bitcoin.html#primaryimage\"},\"image\":{\"@id\":\"https:\/\/holytransaction.com\/blog\/2014\/06\/japan-wont-regulate-bitcoin.html#primaryimage\"},\"thumbnailUrl\":\"http:\/\/s3.reutersmedia.net\/resources\/r\/?m=02&d=20140619&t=2&i=909757697&w=580&fh=&fw=&ll=&pl=&r=LYNXMPEA5I09O\",\"datePublished\":\"2014-06-19T09:47:00+00:00\",\"dateModified\":\"2021-10-03T15:09:32+00:00\",\"author\":{\"@id\":\"https:\/\/holytransaction.com\/blog\/#\/schema\/person\/1643e2c0c2df67ae0d6eacff8a185e69\"},\"description\":\"After the collapse of Tokyo-based bitcoin exchange Mt.Gox, Japan's leading Liberal Democratic Party decided against regulating bitcoin.\",\"breadcrumb\":{\"@id\":\"https:\/\/holytransaction.com\/blog\/2014\/06\/japan-wont-regulate-bitcoin.html#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/holytransaction.com\/blog\/2014\/06\/japan-wont-regulate-bitcoin.html\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/holytransaction.com\/blog\/2014\/06\/japan-wont-regulate-bitcoin.html#primaryimage\",\"url\":\"http:\/\/s3.reutersmedia.net\/resources\/r\/?m=02&d=20140619&t=2&i=909757697&w=580&fh=&fw=&ll=&pl=&r=LYNXMPEA5I09O\",\"contentUrl\":\"http:\/\/s3.reutersmedia.net\/resources\/r\/?m=02&d=20140619&t=2&i=909757697&w=580&fh=&fw=&ll=&pl=&r=LYNXMPEA5I09O\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/holytransaction.com\/blog\/2014\/06\/japan-wont-regulate-bitcoin.html#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/holytransaction.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"bitcoin\",\"item\":\"https:\/\/holytransaction.com\/blog\/tag\/bitcoin\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Japan’s ruling party says won’t regulate bitcoin for now\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/holytransaction.com\/blog\/#website\",\"url\":\"https:\/\/holytransaction.com\/blog\/\",\"name\":\"\",\"description\":\"HolyTransaction's Blog - 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