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How To Buy Bitcoin in Japan [Cryptocurrency]The Japanese digital flea market platform is planning to allow users to purchase products in bitcoin by June this year. Cryptocurrency regulations Further legal reform was passed in and Crypto exchange operators in Japan need to register with the FSA and follow strict rules regarding asset storage and capital requirements. Yes, cryptocurrencies are legal in Japan. The Payment Services Act defines �crypto-assets� as payment methods that are not denominated in fiat currency and can.