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The anonymous founder of Bitcoin—Satoshi Nakamoto—sports a Japanese name, which suggests Japanese roots, but the embracing nature of Japan towards cryptocurrencies goes far beyond sharing filial roots with a mysterious founder. In April 2017, the Japanese government released a directive that listed Bitcoin and other cryptocurrencies as a legal property that is listed on the Payment Service Act. There are only very few countries where virtual currencies are recognized legally. Is it Safe to Trade or Buy crypto in Japan. Japan has suffered some of the most high profile of attacks in the crypto space, and the earliest too. Gox exchange was the first and biggest exchange as of 2012 and was handling millions of the world’s Bitcoin transactions. 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