This just goes to show that bitcoin would continue to be in demand in Japan while its neighbouring countries are still figuring how to deal with exchanges. Must have been because of the explosion in the demand in bitcoin ever since it was recognised as a legal tender back in April, with many big and well-known merchants making it known that they are in full support of accepting bitcoin. And with the demand still on the rise, we can expect that more exchanges are going to submit their application to have a share of this multi-billion dollar business.