{"id":2553,"date":"2017-07-12T13:22:27","date_gmt":"2017-07-12T13:22:27","guid":{"rendered":"https:\/\/holytransaction.com\/blog\/?p=2553"},"modified":"2021-08-30T20:25:19","modified_gmt":"2021-08-30T18:25:19","slug":"bic-camera-bitcoin-in-japan","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2017\/07\/bic-camera-bitcoin-in-japan.html","title":{"rendered":"Bic Camera: new merchants accept Bitcoin in Japan"},"content":{"rendered":"<p>A new electronics retailer decided to start accepting\u00a0bitcoin<strong>\u00a0in Japan<\/strong> as one of the available payment methods in all its shops within the country.<\/p>\n<p>It is <strong>Bic Camera<\/strong> that began to accept bitcoin at several shops back in April, and that is now it is looking to expand\u00a0this payment after seeing huge levels of demand from its customers.<\/p>\n<p>The retailer is taking payments in the digital currency thanks to a partnership with the domestic bitcoin exchange called <strong>bitFlyer<\/strong>, so they can convert bitcoin into yen right after the acceptance.<\/p>\n<p>Bic Camera sells a wide range of products, including cameras, computers and home appliances like fridges and washing machines.<\/p>\n<p>News that <strong>Bic Camera<\/strong> is accepting bitcoin at more locations came after the Japanese government&#8217;s new regulations around digital currencies and the exchange services. Among those, for example, there is a legal definition for bitcoin as a kind of payment instrument and the decision to <strong>eliminate bitcoin taxation<\/strong>.<\/p>\n<p>Also, this could be one reason why we might aspect a new growth in the bitcoin price in the next days.<\/p>\n<p>Read more about Bitcoin in Japan <a href=\"https:\/\/holytransaction.com\/blog\/search\/japan\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>A new electronics retailer decided to start accepting\u00a0bitcoin\u00a0in Japan as one of the available payment methods in all its shops within the country. It is Bic Camera that began to accept bitcoin at several shops back in April, and that is now it is looking to expand\u00a0this payment after seeing huge levels of demand from [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":2,"featured_media":845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,76,83,468],"tags":[1436,1042,1084],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bic Camera: new merchants accept Bitcoin in Japan -<\/title>\n<meta name=\"description\" content=\"Bic Camera will accept bitcoin in Japan, so new merchants will accept the cryptocurrency within the country. A new spike expected.\" \/>\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\/2017\/07\/bic-camera-bitcoin-in-japan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bic Camera: new merchants accept Bitcoin in Japan\" \/>\n<meta property=\"og:description\" content=\"Bic Camera will accept bitcoin in Japan, so new merchants will accept the cryptocurrency within the country. 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