Japan's financial regulator notes that in the first quarter of 2018, citizens contacted it with questions about cryptocurrency three times more often than in the last quarter of 2017.
According to Japan's Financial Services Agency (FSA), 3,559 inquiries were made in the first quarter of 2018, most of them were of a general nature, some related to regulation, and the rest related to specific transactions and individual contracts.
Inquiries appear to be growing along with the popularity of cryptocurrencies, as stated at a meeting of a research group established by the FSA at the end of April this year.
According to data collected and published by the Agency Japan's consumer watchdog (CAA), there were 2,679 inquiries regarding cryptocurrencies and ICOs in 2017, 847 in 2016, 440 in 2015, and 186 inquiries in 2014.
A survey of 17 domestic cryptocurrency exchanges by the FSA found that there are approximately 3.5 million active traders in the country, the majority of whom are between the ages of 20 and 40 years old.
Bitcoin is the leader in trading operations, its turnover amounted to 97 billion US dollars in 2017. In 2014, this figure was only 22 million. After Bitcoin, the most traded cryptocurrencies in Japan are Ethereum, Ripple, Bitcoin Cash and Litecoin.
According to https://www.ccn.com
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