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EIP-7781 was put forward by Ben Adams, who is a co-founder of Illyriad Games, on 5 October.

In total, the company has spent 5.965 billion yen (around $40.32 million) on its Bitcoin portfolio, at an average price of ¥9.33 million ($62,906) per $BTC.

The IMF has proposed a few changes: tightening regulations on Bitcoin use, increasing oversight of the cryptocurrency, and reducing the public sector’s exposure to Bitcoin.