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Kuroda says that the Institute of Monetary and Economic Studies at the Bank of Japan is studying and watching the digital currency closely, but has no plans to take any form of action on bitcoin — be in good or bad.
“Compared with traditional ways of money transfers and existing electronic money, Bitcoin has both similar and different aspects,” he said in a statement.
It’s unclear just where this could go, but it certainly is positive news that the central bank of Japan is not condemning bitcoin. ()