RATE Group | Number of Japanese Bitcoin Spenders Slowly but Steadily Increasing Says Bic Camera
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Number of Japanese Bitcoin Spenders Slowly but Steadily Increasing Says Bic Camera

12 Jun Number of Japanese Bitcoin Spenders Slowly but Steadily Increasing Says Bic Camera

Posted at 00:55h in Bitcoin News by

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Number of Japanese Bitcoin Spenders Slowly but Steadily Increasing Says Bic Camera

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A year after the Japanese government recognized cryptocurrency as a legal form of money, bitcoin payments are steadily going mainstream. Bic Camera is one of the most profitable electronic, cosmetic and duty-free goods stores in Japan. It has now revealed that even though less than 1% of payments have been made in BTC since it started accepting bitcoin last year, the number of Japanese bitcoin spenders is slowly and steadily increasing, it observed. 

Also read: Media Frenzy in Japan as Bic Camera Starts Accepting Bitcoin

Bic Camera’s Year-Long Relationship with BTC

Bic Camera started taking bitcoin in a limited capacity shortly after the Japanese government came up with new regulations around digital currencies and the exchanges that…

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