Good BOOST for monday.
The boost won't be that big. Japan still isn't the leader in trading. Also, somebody should investigate how their Bitcoin businesses are really doing.
I suspect there could be big interest in the currency but only out of curiosity and very little real use.
Last time I heard, Japanese were all over bitcoins. They were buying like hell and also that the bitcoin price in Japanese exchanges was pretty higher than the other exchanges.
I heard rumours some Chinese whale traders switched to using Japanese exchanges after the Chinese government froze withdrawals on the Chinese exchanges. If that's true the end of the 8% consumption tax could be very bullish.
Not only the Japanese exchanges sites But the Korean's exchange sites already crowded with the chinese whales. The chinese exchanges are not giving convenience trade to the chinese users itself.
The more good news will make those whales try to find the convenient place to exchange their money.
But I believe over 80% the answer for the latest Japanese news about 8% consumption tax to be real.