Politicians, Not the Usual Bureaucrats, Take the Reins on Web3 in Japan

Japan’s political leaders want to take the country into the Web3 era without the bureaucratic slog that’s typical for the nation’s policymakers. So far this year, a handful of politicians have been driving crypto and Web3 policy forward on their own, publishing reports and proposing updates to existing laws and regulations. That rapid push began earlier in the year when Japan Prime Minister Fumio Kishida designated Web3 a pillar of economic reform. Web3 aligns with his administration’s agenda of economic recovery and revitalizing local communities, and could be a way to attract private investment back to Japan. https://www.coindesk.com/policy/2022/09/19/politicians-not-the-usual-bureaucrats-take-the-reins-on-web3-in-japan/

Leave a Reply

Your email address will not be published. Required fields are marked *