When it comes to finding the most forward-thinking countries in all of cryptocurrency, Japan will be on most people’s shortlists.
It was one of the first countries to have legalized Bitcoin, which has resulted in some interesting economic changes. It now appears the Japanese financial sector wants to get involved in Bitcoin mining as well.
This echoes similar plans proposed by Russian authorities not long ago. According to Asia Nikkei, the Japanese financial sector is considering a very surprising plan of action as of right now.
More specifically, it is looking into setting up its own cryptocurrency mining operation in the near term. This initiative was apparently fueled by sudden decisions made by GMO Internet and SBI Holdings.
No one can deny Japan has become a regional hub for Bitcoin-related activity, as the country successfully took over from China in this regard.
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