If the bill passes the Senate vote, Congress will launch a full investigation against cryptocurrency.
With the market growing so fast, here are the issues the Japanese government is focusing on right now.
Bloomberg has partnered with Galaxy Digital Capital Management to track the performance of the largest, most liquid, part of the cryptocurrency market.
Japan's Financial Services Agency (FSA) is pressuring local cryptocurrency exchanges to de-list privacy-centric altcoins such as Monero, Zcash, and Dash.
Crosschain protocols referred to as an 'Internet-of-blockchains', is really a network of blockchains which are all interoperable in that they can communicate to one another because they're all built in a standardised way