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Germany: The world's first country to recognize the legal status of Bitcoin
In August 2013, Germany announced that it acknowledged the legal status of Bitcoin and has been included in the national regulatory system. Germany is the first country in the world to recognize Bitcoin's legal status.
Japan: Definition Bitcoin is assets
In June 2014, the Japanese ruling party Liberal Democratic Party stated that it decided not to supervise Bitcoin for the time being. In August 2015, MT.GOX CEO was arrested, and the Japanese government considered Bitcoin regulatory matters. In May 2016, Japan approved the digital currency supervision bill for the first time and was defined as property.
Canada: Acknowledge the "currency status" of Bitcoin
In December 2013, the world's first Bitcoin ATM machine was put into use in Vancouver. Many American Bitcoin entrepreneurs choose to relocate to Canada to start a business due to legal supervision issues in different states in the United States.