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Sunday, July 9, 2017

Why Japan is Best Place to Buy with Bitcoin

Why Japan is Best Place to Buy with Bitcoin

Major steps have been taken in Japan as retailers began their roll out of Bitcoin-ready Point of Sale software in over 260,000 stores this week. Recruit Lifestyle, one of Japan’s leading retail corporations, is forging the way in implementing digital currencies as another form of day to day payment.

Three months ago, Recruit Lifestyle made the news when they partnered with Japanese Bitcoin exchange Coincheck to build a Point of Sale app that would readily accept Bitcoin in stores around the country.

“Mobile Payment for Air Regi,” as it is known, is now ready to be implemented and the first stage of the uptake into the retail market is through 334 eyeglass stores which will officially accept Bitcoin come July 10.

This marks another big step in the utilization of Bitcoin in Japan with this announcement coming just two days after the eight percent consumption tax was removed from digital currencies by the government.

Full story at

Source: CoinTelegraph

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