According to the internal affairs and communications minister of Japan, Sanae Takaichi, donations to politicians made in cryptocurrency aren't considered illegal - as opposed to donations in fiat money or securities, Cointelegraph reports on October 9th.
While Japan's laws prohibit donations in money or securities, Takaichi explained that cryptocurrencies “do not fall under any of the above, and don't limit donations” as well as not having to be declared/disclosed under the country's Political Funds Control Act.
While at the moment most likely nothing more than a loophole in the country's laws regarding political funding that still need to catch up with the development of the space as such, the explanation given by the internal affairs and communications minister is of much bigger importance. It shows us the stance taken by the Japanese government being that crypto does not represent securities or financial assets at this point. While the donations are likely to be banned in cryptocurrencies as well in the months to follow, due to their obvious financial worth, it could create a beneficial environment for cryptocurrency investors.