Cryptocurrency Q&A
Is Ethereum legal in Japan?
Is Ethereum legal in Japan?
EmilyJohnson
Sun Feb 09 2025
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6
answers
1124
Ethereum, as a decentralized platform for building and deploying smart contracts, has gained significant attention globally. In Japan, the legality of Ethereum and other cryptocurrencies has been recognized by the Financial Services Agency, making it a viable option for investors and developers in the country.
6 answers
Valeria
Tue Feb 11 2025
Japan lacks a comprehensive regulation that governs blockchain-based tokens.
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Giulia
Tue Feb 11 2025
The legal classification of tokens in Japan is dependent on their specific functions and applications.
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Caterina
Tue Feb 11 2025
Cryptocurrencies and utility tokens, including BTC and ETH, fall under the category of "Crypto Assets" in Japan.
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GyeongjuGloryDaysFestival
Mon Feb 10 2025
This classification is established by the Payment Services Act (PSA).
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CryptoAce
Mon Feb 10 2025
Under the PSA, Crypto Assets are subject to certain regulations and oversight.
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