Japan turns into cryptocurrency haven as others crack down

Japan is fast turning into the world's top haven for cryptocurrencies, drawing benefit from a broader clampdown in China and South Korea on the main digital currency, bitcoin.

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Authorities in Tokyo are walking a tightrope between protecting consumers and preserving Japan's own reputation for innovation. But some fear the reluctance to tighten the rules on bitcoin trading could expose the country to financial risk.

 
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