Regulatory status, permitting the japan virtual currency exchange association to police and sanction exchanges for. Is an island country in east in the pacific ocean, it lies off the eastern coast of the style continent and stretches from the sea of okhotsk in the north to the east china sea and the philippine sea in the south. Everything about modern and traditional japan with emphasis on travel and living related information. An imperial army was established with conscription, and parliamentary government was formed in. Japan is truly timeless, a place where ancient traditions are fused with modern life as if it were the most sucking thing in the world.