Japan JR Railway Company To Accept Crypto Payments

Japan JR Railway Company To Accept Crypto Payments

Anyone who visits Japan is usually impressed by the balance between the traditional world and new technologies. Akihabara is a prime example of this.

Of course, to arrive in Akiba, you should take one of the many lines the JR railway company has serving the Tokyo prefecture. 
So, the East Japan Railway Company is now considering accepting cryptocurrencies as a way of payment for the whole nation.

Japanese commuters and tourists will be allowed to pay journeys with cryptocurrencies and stablecoins as IIJ internet service provider will collaborate with JR East to allow crypto payments in the JR network. 
Similarly, JR has a stake in the Japanese cryptocurrency exchange dealer DeCurret, which recently got approval from the Financial Conduct Authority of Japan. 

So, all things considered, JR is well positioned to implement cryptocurrencies nationwide in Japan, and to confirm all speculations. Long story short, it will be in line with the Japan cashless vision for 2020. Year of the Tokyo Olympic games.

This is a completely different story, if you are working in the technology and research city of Tsukuba and decide to visit Tokyo for an afternoon.

You will have to pay with Yens, rather than cryptos. This applies to you whether you are a researcher working with robots, virtual reality, as well as other top technologies. 

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