Categories: News

Political campaign cryptocurrency donations found legal in Japan

Japanese Interior Minister Sanae Takaichi has stated that cryptocurrency donations to political campaigns are legal in the country.

At a press conference on Tuesday, Takaichi stated that donations in cryptocurrencies made to individual politicians are not subject to disclosure in accordance with the Law on the Control of Political Funds. At the same time, donations made in cash or in the form of securities are subject to disclosure in accordance with the law.

“Cryptocurrencies do not fall into any of the listed categories, therefore, data on donations in crypto assets cannot be disclosed,” Takaichi said.

Japan for the first time outlined its attitude towards donations in cryptocurrencies for political campaigns, while in the United States the discussion on this subject has been going on for several years. In the spring, it became known that the US presidential candidate accepts donations for his campaign in cryptocurrencies.

At the same time, the state of Michigan banned donations in cryptocurrencies for political campaigns last fall, and earlier such donations were banned in California. Currently, the US Federal Electoral Commission allows candidates to accept cryptocurrencies as donations in non-monetary form.

Miners Hashrate

Recent Posts

Mining RTX 3070 at NiceHash: Overclocking, tuning, profitability, consumption

Mining on RTX 3070. Overclocking, tuning, profitability, consumption: If you are interested in finding more…

6 months ago

Mining GTX 1660, 1660 Ti, 1660 Super: Overclocking, settings, consumption

Mining with GTX 1660, 1660 Ti, 1660 Super. Overclocking, settings, consumption, profitability, comparisons - If…

6 months ago

Mining RTX 2070 and 2070 Super: Overclocking, profitability, consumption

Mining with RTX 2070 and 2070 Super. Overclocking, profitability, consumption, comparison What the RTX 2070…

6 months ago

Mining with RTX 3060, 3060 Ti. Limitations, overclocking, settings, consumption

Mining with RTX 3060, 3060 Ti. Limitations, overclocking, settings, consumption, profitability, comparison Let's look at…

6 months ago

Alphacool Eisblock Aurora Acryl GPX-A Sapphire – test: 2.8 GHz++ are not an issue

Alphacool Eisblock Aurora Acryl GPX-A (2022) with Sapphire Radeon RX 6950 XT Nitro+ Pure in…

6 months ago

Corporate Crypto Strategies 4.0: Leading with Bitcoin Expertise

In the ever-evolving landscape of business strategy, Bitcoin has emerged as a pivotal asset. With…

6 months ago

This website uses cookies.


Notice: ob_end_flush(): failed to send buffer of zlib output compression (1) in /home/gamefeve/bitcoinminershashrate.com/wp-includes/functions.php on line 5420

Notice: ob_end_flush(): failed to send buffer of zlib output compression (1) in /home/gamefeve/bitcoinminershashrate.com/wp-includes/functions.php on line 5420