Bitcoin and Solar Energy Fuel Investment in Japan: Expert Take432.19

As poor banking decisions and practices faced a rude awakening by coming to a crashing halt, this allowed for new ideas to emerge, garner attention and be put in to use, especially in Japan, the Land of the Rising Sun.As the credit crisis was in full force, Japan passed its Basic Space Law, which established Space Solar Power - the concept of collecting solar power in outer space and distributing it to Earth via satellites - as a national goal with the Japanese Space Exploration Agency. The first Bitcoin exchange - Bitcoin Market - was established there on February 6 2010, when BTC traded for $0.30. This is important as regulations have allowed SoftBank Investment, Sumitomo Mitsui Banking Corporation, Mizuho Financial Group Inc., and Dai-ichi Life Insurance Company to continue to invest in Bitcoin exchanges to the point of making Japan the top Bitcoin Exchange market in the world, beating out both China and the US.ICOThe ICO market in Japan is on fire. Japan's Ministry of Finance also warned an investment firm and a questionable ICO.Cryptocurrency TaxationWhen Japan lifted its 8 percent national consumption tax on cryptocurrency sales in July 2017, it kick-started their across-the-board meteoric price rise.
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