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Cryptocurrency Provides Loophole in Japan's Election Funding Laws

Roland James

Summary: Cryptocurrency is providing loophole in Japan’s strict election funding law allowing candidates to not report amount or source of donations, according to CryptoNewsz. According to Japanese election funding laws candidates or the donators are required to report the amount and the source of the donation, whether it is yen, stock, bonds, etc. However the Ministry ...

Cryptocurrency is providing loophole in Japan’s strict election funding law allowing candidates to not report amount or source of donations, according to CryptoNewsz.

According to Japanese election funding laws candidates or the donators are required to report the amount and the source of the donation, whether it is yen, stock, bonds, etc. However the Ministry of Internal Affairs and Communications reported that they do not have to report the amount or source of any funding from cryptocurrency.

By Roland James

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Link: Cryptocurrency Provides Loophole in Japan's Election Funding Laws   [Copy]
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