GMO-PG ACCEPTS BITCOIN AND HINTS AT REGULATORY ENVIRONMENT CHANGE IN JAPAN

Bitcoin and Japan have always had a bit of a love/hate relationship, but every now and then, a ray of sunshine breaks through the grey clouds. One of Japan’s largest internet infrastructure firms , called GMO, will be supporting Bitcoin payments.
Or to be more precise, GMO’s payment solution, called GMO Payment Gateway (or GMO-PG in short) will support Bitcoin as a payment option, alongside the more traditional options which include credit cards and wire transfers. As ost Bitcoin enthusiasts have always said, there is no reason Bitcoin can’t coexist with other payment options.
In order to allow for Bitcoin transactions to occur, GMO-PG has made a partnership with BitFlyer, a Bitcoin marketplace and settlement service. Users will be able to pay with Bitcoin starting in November, but no official date was announced at this point in time.

This post was published at Crypto Articles on October 2, 2014.