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What The Average Japanese Think Of Cryptocurrency - ASIAN BOSSMonaCoin is a cryptocurrency that is predominantly used in Japan. Like Bitcoin, MonaCoin uses the proof-of-work operating protocol. The MonaCoin. Under Japanese law, a Crypto Asset is neither treated as �money� nor equated with fiat currency. No Crypto Asset is supported by the Japanese government or the. Cryptocurrency in Japan - statistics & facts The crypto boom in led to rapid growth in the industry, with many new crypto exchanges.