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What is the currency used in Japan? Japan uses two types of currencies: Japanese Yen and Bit Yen. While the Japanese Yen ( symbol ¥ or JPY) is the official and commonly used currency, the Bit Yen is a cryptocurrency that has been developed as a digital version of the Japanese Yen. However, at this time, the usage of the Bit Yen is not widespread, and the Japanese Yen remains the primary currency for transactions in Japan.