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Cryptopolitan 2019-10-13 15:32:14

Limitless Japanese political crypto donations approved; no disclosure needed

In a surprising move, Japanese political crypto donations will no longer be limited to a particular amount. It means that Japanese politicians can now be funded with an unlimited amount of cryptocurrency funds without any oversight of relevant authorities. With no disclosure requirements, the move is seen as a step towards opaque political funds and something that would promote corruption. Announced by the Communications and Internal Affairs Minister, Sanae Takaichi, the briefing will surely ignite a political storm. According to her, the country’s ‘Political Funds Control Law’ does not cover Japanese political crypto donations, and thus, politicians don’t have to

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