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Re: Japan imposing crypto export restrictions!
Can anyone confirm this? This is really scary stuff if the Clinton
administration really succeeded in pulling this off.
Ern
> Another Cypherpunks exclusive!
>
> Bowing to US pressure, the Japanese Ministry of International Trade
> and Industry (MITI) has quietly made changes to Japanese crypto export
> regulations.
>
> In the past, export of crypto products from Japan was unregulated. The
> exporter had to file a pro-forma export declaration with MITI. The new
> regulations, imposed in recent weeks without public announcement,
> require the exporter to state the ultimate recipient of the crypto
> product. MITI then conducts a lengthy approval process that can take
> many weeks.
>
> It is widely assumed that the US used the thread of trade sanctions to
> bring about this 180 degree turn in the attitude of the Japanese
> government.
>
> The new regulations apply to exports from Japan to all countries,
> including the US.