How Japan is becoming a crypto friendly nation? – Katoch Tubes

Japan open support for cryptocurrency

Japan & Cryptocurrency

Historically speaking, Japan had strict crypto regulations. Only 50 coins were listed in the country against 13,000 acc to Coingecko. The things are changing now!

What's the news?

Japanese PM Fumio Kishida has opened doors for crypto currency and web3 by easing the regulations built around  the industry

Crypto exchanges in Japan

Japan will loosen up the listing  of cryptocurrencies on crypto exchanges. It will allow the listing process to conclude within 30 days.

Focus on Web3 Startups

The administration will focus on fostering web3 startups. This include pushing the blockchain services in the nation

Friendly Tax Incentives

The government has also proposed tax incentives for the companies who are willing to extend their services in the web3 space.

Push to NFT & Metaverse

The benefits aren't limited to crypto exchanges. NFT & Metaverse projects will also  be treated equally.

Brands accepting crypto

Swipe up & checkout the leading brands accepting crypto currencies

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