still can’t pay with crypto in Japan, at least not without Kyc. The best you can do is use it to buy gift cards 😑
Although, I am helping @tentententen build her business and we accept crypto for her yarn products. Hope to open the first physical location to accept HBD in Japan in the next year.
Really, so they don't let you pay without KYC at the merchant? Even though cash isn't KYC?
merchants don’t accept crypto at all really. There are a few that do it as a gimmick (mostly electronic stores) , you might find no one in the shop knows the procedure because they need to use a specific KYC wallet.
In Japan crypto is generally just seen as a speculative asset, and as that it’s very popular, but that’s it really 🥺
Interesting, so the merchant needs a KYC wallet? But not the customer?
I believe both need one. I’m not sure. Honestly I don’t try because I don’t want the attention it will bring, I already stand out enough here. Also I don’t buy much at these department stores, I stick to local shops wherever I can