Bitcoin: better regulated, than illegal Japan is making huge steps in recognizing Bitcoin as a legal form of payment, as the government has passed the law that categorized bitcoin as a kind of prepaid payment instrument and put bitcoin transactions under anti-money laundering rules. The law went into effect on April 1st defining capital requirements for exchanges as well as cybersecurity and operational stipulations. It is indeed a revolutionary step forward, which will certainly require more changes and updates in existing …