Bitcoin Recognised  as a Currency in Japan Bitcoin has finally gained the recognition of a mainstream currency along the lines of other fiat currencies. The privilege follows the implementation of a new law in Japan which categorizes Bitcoin as a legal payment option within the country. The much-awaited law went into effect on April 1, 2017 (beginning of a new fiscal year in many countries). With the new law’s implementation, Bitcoin exchanges will also come under additional regulatory scrutiny. The…