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The World Is Cracking Down on Bitcoin—Except Japan

Even after a massive hack, the Japanese government is sticking to its crypto-friendly policies.

The World Is Cracking Down on Bitcoin—Except Japan
A collection of bitcoin tokens sit in this arranged photograph in London, U.K. (Photographer: Chris Ratcliffe/Bloomberg)  

(Bloomberg) -- Over the last few months, governments around the world have cracked down on bitcoin and other cryptocurrencies. But one country is sticking to its crypto-friendly policies: Japan. This week on Decrypted, Bloomberg Technology's Yuji Nakamura and Aki Ito take you to Tokyo to meet the unlikely characters who helped turn Japan into the world's premier bitcoin hub, including investor Roger Ver, a.k.a. Bitcoin Jesus.

Want to hear more? Subscribe on Apple Podcasts and Pocket Casts for new episodes every week. Decrypted is a podcast that uncovers the hidden projects, quiet rivalries and uncomfortable truths in the global technology industry. 

To contact the authors of this story: Yuji Nakamura in Tokyo at ynakamura56@bloomberg.net, Aki Ito in San Francisco at aito16@bloomberg.net.

To contact the editors responsible for this story: Pia Gadkari at pgadkari@bloomberg.net, Liz Smith Magnus Henriksson

©2018 Bloomberg L.P.