Japan is very serious about Bitcoin and they have a very aggressive rollout plan, from various angles.
Not long ago, the 1 April 2017 to be exact Japan announced that it will accept Bitcoin as a legal method of payment. I am sure many though it was an April Fool's joke, but they actually did it. Here is the news Article.
Japan Bitcoin law will come into effect tomorrow.
And then BITCOIN price spikes
The implication was tremendous as the Bitcoin price spiked as a result of this massive undertaking.
Japanese end Bitcoin consumption tax
Then another massive announcement was made when Japan announced that they officially ended the consumption tax on Bitcoin. You can read the full article here which was announced on 1 July 2017
Today is a big day for Bitcoin in Japan. From now onward, there is no longer a consumption tax of 8% on Bitcoin transactions. It will be interesting to see what effect this revised law will have on cryptocurrency adoption in the country. So far, Japan has been rather crazy about Bitcoin and other currencies. With this tax gone, things can only get better from here on out.
Japanese Government Officially Ends Bitcoin Consumption Tax
And then 2 days later as in today 4 July they an announcement are made that 260 000 stores will be accepting Bitcoin starting 10 July.
Three months after Recruit Lifestyle partnered with Japanese bitcoin exchange Coincheck to enable over 260,000 retail stores to accept bitcoin, the company has finally announced on Monday that its point-of-sale app is now bitcoin-ready. Immediately, a chain of 334 eyeglasses stores using the app announced that it will accept the cryptocurrency starting July 10.
You can read the full article Roll out of 260 000 Bitcoin stores in Japan begins