Japan’s National Diet Bitcoin Reserve Proposal: A New Chapter in Crypto Adoption

Quick Summary:

The country is expected to establish a Bitcoin reserve as soon as Trump assumes the seat of power in late January, 2025.

There are enough reasons to believe that the change in the US’ attitude towards the crypto industry and its plan to create a BTC reserve have influenced many countries.

The general expectation is that the proposal would win the support of lawmakers like Yuchiro Tamaki, a pro-Bitcoin legislator who leads a party with strong representation in the Japanese legislative body.

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Article Details

Author / Journalist: Vignesh S G

Category: Crypto

Markets: United StatesBrazilJapanPoland

Topics: Crypto news News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-14 @ 10:26:34 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 407 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24406210

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