Regulatory and Policy Reforms in Japan
Hatsuru Morita
Chapter Chapter 11 in Law and Practice of Crowdfunding and Peer-to-Peer Lending in Australia, China and Japan, 2022, pp 217-235 from Springer
Abstract:
Abstract Chapter 11 discusses another way to finance small startup businesses through individual investors. Recently, initial coin offerings (ICOs) employing virtual currencies such as Bitcoin and Ethereum have been rapidly gaining attention around the world. The increasing prevalence of virtual currencies and ICOs are partly the result of these new financial instruments taking advantage of legal loopholes. However, because virtual currencies and ICOs pose novel challenges, some jurisdictions have begun to adopt new regulations. Japan is one of such jurisdictions. Section 11.1 describes the regulation and related private law rules of virtual currencies and Section 11.3 the regulation of ICOs.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-3834-4_11
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DOI: 10.1007/978-981-19-3834-4_11
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