Japan to regulate Bitcoin trades, impose taxes- Nikkei Asian Review

TOKYO -- The Japanese government will set rules for trading bitcoins, defining the virtual tender not as a currency but as a commodity akin to gold. Gains from trading bitcoins on online exchanges, and purchases made with them will be subject to Japanese tax. Banks will be prohibited from handling them, and securities firms will be barred from brokering Bitcoin trades. Since its origin in

[yyamano]

“The Japanese government will set rules for trading bitcoins, defining the virtual tender not as a currency but as a commodity akin to gold.”