The Japanese government said that Bitcoin is not the currency but some types of transactions using the virtual payment unit should be taxed.
" If there are transactions and income, it is a natural thing ... to the finance ministry to consider how the transaction could be taxed," the minister said the cabinet secretary Yoshihida Suga.
Japan also said the bank could not provide Bitcoin Click the product to the customer.
The Government sought to determine the volume and value of total Bitcoin in circulation worldwide.
China ban
Some estimates suggest that the global market for Bitcoin, a virtual currency that is created or "mined" via the complex computer algorithms reach U.S. $ 7 billion.
Countries and tax authorities to rack my brain how to set it up. There are those who consider Bitcoin as a way to prevent tax Click or launder money.
Russia has declared as illegal Bitcoin transactions, even China has banned banks Bitcoin and U.S. trade deal has also been invited to do the same.
Singapore has set a tax on trade Bitcoin and use it to pay for services, after stating Bitcoin as goods rather than currency.