The devil will be in the details but just as the U.S. government is ramping up its regulatory approach to the crypto space, Japan is going a different route under the leadership of the more crypto-welcoming Prime Minister Fumio Kishida. On issues ranging from tax reform and the creation of a single, responsive Web3 minister, to strategies to attract crypto talent to Japan, the Japanese say they want to streamline crypto regulation and put decision-making in the executive branch instead of the bureaucracy. The idea of a single point-of contact for entrepreneurs, founders and CEOs to support their efforts is especially interesting. What remains to be seen is how it’s executed,
Japan Takes a More Crypto Welcoming Approach
Japan Takes a More Crypto Welcoming Approach
Japan Takes a More Crypto Welcoming Approach
The devil will be in the details but just as the U.S. government is ramping up its regulatory approach to the crypto space, Japan is going a different route under the leadership of the more crypto-welcoming Prime Minister Fumio Kishida. On issues ranging from tax reform and the creation of a single, responsive Web3 minister, to strategies to attract crypto talent to Japan, the Japanese say they want to streamline crypto regulation and put decision-making in the executive branch instead of the bureaucracy. The idea of a single point-of contact for entrepreneurs, founders and CEOs to support their efforts is especially interesting. What remains to be seen is how it’s executed,