JAPANESE CRYPTOCURRENCY MARKET: HISTORY AND PRESENT

Abstract

This article overviews the history of the Japanese cryptocurrency market, which is closely connected to fraud and hacking into the Japanese exchange. It is scientifically based, Japan was proved to be developing the legal basis for successfully developing cryptoindustry. Moreover, a new national cryptocurrency, closely linked to yen, is going to be released in the middle of 2020. This approach allows Japan to become the centre of the cryptocurrency exchange and the leader in the international cryptocurrency mechanism.